Carnival A carnival game offers a $100 cash prize for anyone who can break a balloon by throwing a dart at it. It costs $5 to play (they keep your $5, even if you win the $100), and you’re willing to...


Carnival A carnival game offers a $100 cash prize for anyone who can break a balloon by throwing a dart at it. It costs $5 to play (they keep your $5, even if you win the $100), and you’re willing to spend up to $20 trying to win. You estimate that you have about a 10% chance of hitting the balloon on any throw.


a) Create a probability model for this carnival game.


 b) Find the expected number of darts you’ll throw.


 c) Find your expected winnings.



May 05, 2022
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