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Mathematics, 26.03.2021 03:40 bigchungus69

Problem 1. You play two games against the same opponent . If you win in the first game , you get a prize of $100. If you win in the second game, you get a prize of $ 200. The probability that you win in the first game is 0.4 . If you win in the first game , the probability that you also win in the second game is 0.2 . If you lose in the first game , the probability that you win in the second game is 0.3 a) Develop the probability mass function for your total prize money . (2 Points ) b ) What is the expected value of your total prize money

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