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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)

Please make sure to comply with all Netiquette Guidelines listed in the Getting Started module.

Grading Criteria:

Directly and completely post the requested information

60

Respond to another student’s post explaining the reason for your agreement or disagreement with his or her stated value and the way he or she calculated it

20

Respond to two or more posts explaining the reason for your agreement or disagreement with his or her stated value and the way he or she calculated it

20

Total Possible

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