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3. Videogames Addic tion: After struggling in your courses, and try ing to find joy elsewhere, you derelop a videoga me addiction consuming most of your life. In your favourite RPG, due to a promotion, a sper ial lootbox is sold giving 15% chance to get a particular OP character. These lootboxes can be opened at any time. (Each lootbox is independent of the other lootbox) (a) that OP character in any of the loot boxes? You decide to buy 100 lootboxes upfront to be sa fe. What is the proha bility you don't get (b) character? Also find the variance. If you opem al of these lootboxes, what is the expec ted mumber of times, you get that OP Your parents find out that you used their credit card to buy all the lootera tes and they (c) demand for the money back. These loot boxes costed you $3 each. Luckily for you, the game has a mar ketplace where that charaeter is being sold for $200 each. Will you be able to repay back your par ents and was it a good decision to buy all the lootboxes. (Argue based on the experted cost and experted gain, if on the average this decision was good) 2

3. Videogames Addic tion: After struggling in your courses, and try ing to find joy elsewhere, you derelop a videoga me addiction consuming most of your life. In your favourite RPG, due to a promotion, a sper ial lootbox is sold giving 15% chance to get a particular OP character. These lootboxes can be opened at any time. (Each lootbox is independent of the other lootbox) (a) that OP character in any of the loot boxes? You decide to buy 100 lootboxes upfront to be sa fe. What is the proha bility you don't get (b) character? Also find the variance. If you opem al of these lootboxes, what is the expec ted mumber of times, you get that OP Your parents find out that you used their credit card to buy all the lootera tes and they (c) demand for the money back. These loot boxes costed you $3 each. Luckily for you, the game has a mar ketplace where that charaeter is being sold for $200 each. Will you be able to repay back your par ents and was it a good decision to buy all the lootboxes. (Argue based on the experted cost and experted gain, if on the average this decision was good) 2

College Algebra
College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.5: Counting Principles
Problem 3SE: Answer the following questions. 3. When given two separate events, how do we know whether to apply...
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3. Videogames Addiction: After struggling in your courses, and trying to find joy elsewhere, you develop a rideoga me addiction consuming most of your life. In your favourite RPG, due to a promotion, a s per ial lootbox is sold giving 15% chance to get a particular OP character. These lootboxes can be opened atany time. (Each lootbox is independent of the other lootbox) (a) that OP charac ter in any of the loot boxes? You decide to buy 100 lootboxes upfront to be sa fe. What is the proba bility you don't get (b) character! Also find the variance. If you open al of these lootboxes, what is the expected number of times, you get that OP (c) demand for the money back. These loot boxes costed you 83 each. Luckily for you, the game has a mar ketplace where that chara cter is being sold for $200 each. Will you be able to repay back your par ents and was it a good decision to buy all the lootboxes. (Argue based on the experted c ost and experted gain, if on the avera ge this decision was good) 2 Your parents find out that you used their credit card to buy all the lootcrates and they
Transcribed Image Text:3. Videogames Addiction: After struggling in your courses, and trying to find joy elsewhere, you develop a rideoga me addiction consuming most of your life. In your favourite RPG, due to a promotion, a s per ial lootbox is sold giving 15% chance to get a particular OP character. These lootboxes can be opened atany time. (Each lootbox is independent of the other lootbox) (a) that OP charac ter in any of the loot boxes? You decide to buy 100 lootboxes upfront to be sa fe. What is the proba bility you don't get (b) character! Also find the variance. If you open al of these lootboxes, what is the expected number of times, you get that OP (c) demand for the money back. These loot boxes costed you 83 each. Luckily for you, the game has a mar ketplace where that chara cter is being sold for $200 each. Will you be able to repay back your par ents and was it a good decision to buy all the lootboxes. (Argue based on the experted c ost and experted gain, if on the avera ge this decision was good) 2 Your parents find out that you used their credit card to buy all the lootcrates and they
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