QuestionA casino features a game in which a weighted coin is tossed several times. The table shows the probability of each payout amount. To the nearest dollar, what is expected payout of the game?
\begin{tabular}{|c|c|}
\hline Payout Amount & Probability \\
\hline & 0.126 \\
\hline & 0.03 \\
\hline & 0.0002 \\
\hline
\end{tabular}
Provide your answer below:
Studdy Solution
Round the expected value to the nearest dollar:
The expected payout of the game is:
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