Project 3

Game 1: Coin Flip

Use this game for questions 3-4.

For this game, you must flip a coin 4 times in a row and observe the number of heads.

The cost to play is $10. The payouts are given below:

Event: Number of Heads	Payouts
0	$20
1	$10
2	$8
3	$10
4	$20

- Question 3

Game 1: Coin Flip

Complete the following probability distribution table.

For probability, express your answer as asimplified fraction.

Event: Number of Heads	Number of Ways	Probability	Payouts
0			$20
1			$10
2			$8
3			$10
4			$20

- Question 4

Game 1: Coin Flip

Which of the following is the game's expected value to the player.

Group of answer choices

-$0.50

-$1.50

$1.50

$0.50