Question: Use the information below to complete the following problems. You are at a stall at a fair where you have to throw a ball at
Use the information below to complete the following problems. You are at a stall at a fair where you have to throw a ball at a target. There are two versions of the game. In the first version, youjare given three attempts, and you estimate that your probability of success on any given throw is 0.70. In the second version, you are given five attempts, but the target is larger, and you estimate that your probability of success on any given throw is 0.90. The prizes for the two versions of the game are both $8, but if you lose in version 1 you only lose $1 while if you lose in version 2 you lose $2
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