Mathematics, 05.06.2020 23:59, Bloom247

A bag has 8 red tiles and 2 green tiles. In a charity carnival game, you pay $5 to randomly pull a tile from the bag. The payout for pulling a red tile is $1 and the payout for pulling a green tile is $10. Which of the followig are true or false. a. The expected payoff per game for the charity is $2.20.
b. In 20 games, the charity can expect to make $44.
c. In 30 games, the charity can expect to make $120.
d. In 5 games, the player can expect to lose $11.

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