Two friends play a ball picking game where one wants to avoid the ‘black’ ball: The two friends each have a bag with 2 balls (1 black and 1 red) and they each randomly choose one ball out of their bag. Whoever picks a black ball must pay the other person $1 no matter what the other friend selected. If  both friends choose the red ball, nobody wins or loses any money. Say you played this game with you friend. Find the probability mass function (pmf) for your net winnings (in $) from this game. Display it in table form.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 31E
icon
Related questions
Question

Two friends play a ball picking game where one wants to avoid the ‘black’ ball: The two friends each have a bag with 2 balls (1 black and 1 red) and they each randomly choose one ball out of their bag. Whoever picks a black ball must pay the other person $1 no matter what the other friend selected. If  both friends choose the red ball, nobody wins or loses any money.

Say you played this game with you friend. Find the probability mass function (pmf) for your net winnings (in $) from this game. Display it in table form.

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Point Estimation, Limit Theorems, Approximations, and Bounds
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning