A bag contains 1 gold marble, 9 silver marbles, and 29 black marbles.  Suppose someone offers to play this game.  You randomly select one marble from the bag.  If it is gold you win $4, if it is silver you win $3, and if it is black you loose a dollar.  What is your expected value if you play the game?

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Q: None

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Q: None

A: Let's break down the hypothesis test and its components:1. **Null Hypothesis (\(H_0\))**: The null…