A bag contains 2 gold marbles, 7 silver marbles, and 28 black marbles. Someone offers to play this game: You randomly select one marble from the bag. If it is gold, you win $4. If it is silver, you...


A bag contains 2 gold marbles, 7 silver marbles, and 28 black marbles. Someone offers to play this<br>game: You randomly select one marble from the bag. If it is gold, you win $4. If it is silver, you win<br>$2. If it is black, you lose $1.<br>What is your expected value if you play this game?<br>

Extracted text: A bag contains 2 gold marbles, 7 silver marbles, and 28 black marbles. Someone offers to play this game: You randomly select one marble from the bag. If it is gold, you win $4. If it is silver, you win $2. If it is black, you lose $1. What is your expected value if you play this game?

Jun 11, 2022
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