A school fair offers a game with a winning probability of 0.1. Winning the game has a $10 prize. How much should the game cost to play if it is fair?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 3ECP: You toss two six-sided dice. What is the probability that the total of the two dice is 5?
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A school fair offers a game with a winning probability of 0.1.

Winning the game has a $10 prize.

How much should the game cost to play if it is fair?

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