Mathematics, 01.10.2019 22:30, OnWheels
Afundraising event offered people a chance to pay $3 to go through a corn maze (shown below) in a field in the fall. the maze either led to nothing or a prize of $4 (ie their $3 back and an extra $1). the participants can only move forward and when they come to a fork in the maze they are equally likely to take any one of the paths. what is the expected monetary value for each participant that goes through the maze?
-0.33
-0.67
-0.75
-1.00
Answers: 2
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Afundraising event offered people a chance to pay $3 to go through a corn maze (shown below) in a fi...
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