You are at a casino. They a new game there where you pay $1 and throw a dart

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You are at a casino. They a new game there where you pay $1 and throw a dart at the board. If you hit one of four targets on the board you win $5. The four targets only make up about 15 percent of the board, total. Would you play this game if you wanted to make money? What do we expect the value of the results of the game to be?

  • 12 years ago
You are at a casino. They a new game there where you pay $1 and throw a dart
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