You are given Three very rare three sided 'Phoenix Coins' where each of the three sides are equally likely to reveal itself upon a toss. The 'Phoenix Coin' sides and associated values are as follows: Phoenix Head = 0 'Tears' Phoenix Tail = -3 'Tears' Phoenix Fire = 12 'Tears' What is the Expected Value of Phoenix 'Tears' if you were to toss Fourty (40) Phoenix Coins?

You are given Three very rare three sided 'Phoenix Coins' where each of the three sides are equally likely to reveal itself upon a toss. The 'Phoenix Coin' sides and associated values are as follows: Phoenix Head = 0 'Tears' Phoenix Tail = -3 'Tears' Phoenix Fire = 12 'Tears' What is the Expected Value of Phoenix 'Tears' if you were to toss Fourty (40) Phoenix Coins?

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter9: Counting And Probability

Section9.3: Binomial Probability

Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...

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