In the Games Fair, which game would work with the Binomial Distribution Make the probability distribution table in a spreadsheetwhere X is a random variable representing the points won Calculate the expected value and compare to the 10 points it costs to play the game Create the probability bar graphin a spreadsheet as well Make your own Games Fair game with 4 or more outcomes using a Binomial situation presented in this lesson (simulated with a spinner or random number) and adjust the point values so that a cost of 10 points would make the game profitable Be sure to justify why it is profitable and explain the process it took to find profitable outcomes 3 Compare the method of calculating expected value with the table to the formula for Binomial presented in this activity What are the pros and cons of each

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Question: In the Games Fair, which game would work with the Binomial Distribution? Make the probability distribution table in a spreadsheetwhere X is a random variable

In the Games Fair, which game would work with the Binomial Distribution? Make the probability distribution table in a spreadsheetwhere X is a random variable representing the points won. Calculate the expected value and compare to the 10 points it costs to play the game. Create the probability bar graphin a spreadsheet as well.
Make your own Games Fair game with 4 or more outcomes using a Binomial situation presented in this lesson (simulated with a spinner or random number) and adjust the point values so that a cost of 10 points would make the game profitable. Be sure to justify why it is profitable and explain the process it took to find profitable outcomes.

3. Compare the method of calculating expected value with the table to the formula for Binomial presented in this activity. What are the pros and cons of each?

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