A ping pong ball is drawn at random from an urn consisting of balls numbered 4 through 9. A player wins $1 if the number on the ball is odd and loses $0.5 if the number is even.Let x be the amount of money a player will win/lose when playing this game, where x is negative when the player loses money.(a) Construct the probability distribution table for this game. Round your answers to two decimal places.
(b) What is the expected value of player's winnings? Round to the nearest hundreth.(c) Interpret the meaning of the expected value in the context of this problem.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here