Question

A street performer approaches you to make a bet. He shows you three cards: one that...

A street performer approaches you to make a bet. He shows you three cards: one that is blue on both sides, one that is orange on both sides, and one that is blue on one side and orange on the other. He puts the cards in the bag, pulls out one, and puts it on the table. Both of you can see that the card is blue on top, but haven't seen the other side. The street performer bets you $50 that the other side of the card is also blue. Should you take the bet and WHY?

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
State the number of friends (or connections) that you have on Facebook (or Linkedin). In case...
State the number of friends (or connections) that you have on Facebook (or Linkedin). In case you have more than 365 friends or connections, think of an alternative, smaller group of friends or relatives. What is the chance that there are at least 2 people among your friends (or connections) with the same birthday (same day, not same year)? Let's find out. Please respond with an estimate of the probability that this will happen. This estimate can be intuitive or...
You are playing the following game for $10.00 a play. The dealer has three cards. One...
You are playing the following game for $10.00 a play. The dealer has three cards. One card is red on both sides. The second card is white on both sides. The third card has one red side and one white side. The dealer shuffles the three cards out of sight and randomly chooses one and places it on the table. A red face is showing. You have to bet on the color of the other face of this card. Which...
Suppose we have three cards. One is colored red on both sides, one is black on...
Suppose we have three cards. One is colored red on both sides, one is black on both sides, and one is red on one side and black on the other. We place these three cards in a hat and shuffle them. We draw one card and place in on the table, so only one side is visible. If that side is red, what is the probability that it’s the red-black card?
There are three cards: one has both sides red, one has both sides green and one...
There are three cards: one has both sides red, one has both sides green and one has a red side and a green side. One card is randomly chosen and one side of it is shown to a player. The player’s goal is to guess the other side’s color. The player wins $1 if he guesses right and loses $1 if he guesses wrong. Is there a winning long-term strategy? Find thr winning strategy and the probability of wining if...
1. a.) Suppose you draw 8 cards from a standard deck of 52 cards, one after...
1. a.) Suppose you draw 8 cards from a standard deck of 52 cards, one after the other, without replacement. Find the probability that the last card is a club given that the first 7 cards are clubs. b.) An urn contains 6 green, 10 blue, and 17 red balls. You take 3 balls out of the urn, one after the other, without replacement. Find the probability that the third ball is green given that the first two balls were...
1. a.) Suppose you draw 5 cards from a standard deck of 52 cards, one after...
1. a.) Suppose you draw 5 cards from a standard deck of 52 cards, one after the other, without replacements. Find the probability that the last card is a club given that the first 4 are clubs. b.) A drawer contains six bags numbered 1-6, respectively i contains i blue balls and 6 green balls. You roll a fair die and then pick a ball out of a bag with the number shown on the die. What is the probability...
1. A particular slot machine in a casino has payouts set so that the probability of...
1. A particular slot machine in a casino has payouts set so that the probability of winning money in one play of the slot machine is 29%. Each game on the slot machine is independent of all other games played on that machine. If a player chooses to play three games in a row on this machine, what is the probability that he or she will win money in every one of those three games? 2. In a short string...
Assignment 2 1. Assume that you have two biased coins and one fair coin. One of...
Assignment 2 1. Assume that you have two biased coins and one fair coin. One of the biased coins are two tailed and the second biased one comes tails 25 percent of the time. A coin is selected randomly and flipped. What is the probability that the flipped coin will come up tail? 2. One white ball, one black ball, and two yellow balls are placed in a bucket. Two balls are drawn simultaneously from the bucket. You are given...
QUESTION 1 1.Mr. A is walking down a dark street; he hears footsteps behind him and...
QUESTION 1 1.Mr. A is walking down a dark street; he hears footsteps behind him and sees Mr. B. walking in the same direction. Mr. A, who has been diagnosed as Schizophrenic hears a voice telling him to kill Mr. B. believing that Mr. B intends to harm him, and not knowing right from wrong he pulls out a gun and kills Mr. B. who had done nothing to Mr. A. Mr. A’s defense may claim: Insanity Necessity Justification 4...
36. When John comes home from work one evening, he finds that the leaves in his...
36. When John comes home from work one evening, he finds that the leaves in his front yard have been raked and put in bags. Later, a man comes to collect for the yard work done. John refuses to pay for the work since he has never seen the man before and did not hire him to do his yard work. Which of the following answers is most accurate? a. This is an implied, unilateral contract and John must pay...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT