7.138 Probability Models and Fairness
0%
Skill Level🔴 Hard
00:00
Progress to Next Level25% to Medium
EasyMediumHardMastery100%

In the candy draw game, keep the cost at $2 and the probability of red at 0.28. If you win $x when you draw red and $0 otherwise, what value of x makes the game fair? (Round to two decimals.)