A certain game involves tossing 3 fair coins, and it pays 25¢ for 3 heads, 10¢ for 2 heads, and 4¢ for 1 head. Is 10¢ a fair price to pay to play this game? That is, does the 10¢ cost to play make the game fair? in a fraction

A certain game involves tossing 3 fair coins, and it pays 25¢ for 3 heads, 10¢ for 2 heads, and 4¢ for 1 head. Is 10¢ a fair price to pay to play this game? That is, does the 10¢ cost to play make the game fair? in a fraction

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter9: Sequences, Probability And Counting Theory

Section9.5: Counting Principles

Problem 42SE: In horse racing, a “trifecta” occurs when a bettor wins by selecting the first three finishers in...

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Question

A certain game involves tossing 3 fair coins, and it pays

25¢

for 3 heads,

10¢

for 2 heads, and

4¢

for 1 head. Is

10¢

a fair price to pay to play this game? That is, does the

10¢

cost to play make the game fair?

in a fraction

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