Imagine yourself at a fair playing one of the midway games. Pick a game and calculate the expected value and post your results along with how you calculated them. For example, you may decide to throw a basketball to try to win a $10 bear. You paid $2.00 for three shots. What is the expected value? (Please do not use this example in your answer)
You are also welcome to comment on the statistics involved in the following video, by providing detailed analysis of the particular calculation that you choose to focus on from the video:
Sample Solution
