Question: Solve each problem related to expected value of random variable. 1. Sally has a spinner game. Here are the rules of the game: 8 1

Solve each problem related to expected value of random variable.

Solve each problem related to expected value of random variable. 1. Sallyhas a spinner game. Here are the rules of the game: 8

1. Sally has a spinner game. Here are the rules of the game: 8 1 The player pays $2 and spins the 7 2 spinner. If the spinner lands on purple, the player wins $0.50. If the 6 spinner lands on yellow, the player 5 4 wins $5. If the spinner lands on blue, the player wins $1. If the spinner lands on red, the player wins nothing02. Pay $3 and pull a marble randomly from the bag. The payout depends on what color marble the player pulls Color Payment according to this chart. Green $7 Blue $1 Yellow $2 Red SO

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