1. **State the problem:**
We have a spinner with 10 equal regions: 3 red, 4 blue, 2 yellow, and 1 green.
The winnings are:
- Red: 3 dollars
- Green: 1 dollar
- Blue: -1 dollar (lose 1)
- Yellow: -3 dollars (lose 3)
We want to find:
a) The expected value of the winnings per spin.
b) The interpretation of this expected value over 10 games.
2. **Formula for expected value:**
$$E(X) = \sum (\text{value} \times \text{probability})$$
3. **Calculate probabilities:**
- Probability(red) = $\frac{3}{10}$
- Probability(blue) = $\frac{4}{10}$
- Probability(yellow) = $\frac{2}{10}$
- Probability(green) = $\frac{1}{10}$
4. **Calculate expected value:**
$$E(X) = 3 \times \frac{3}{10} + (-1) \times \frac{4}{10} + (-3) \times \frac{2}{10} + 1 \times \frac{1}{10}$$
5. **Simplify step-by-step:**
$$E(X) = \frac{9}{10} - \frac{4}{10} - \frac{6}{10} + \frac{1}{10}$$
6. **Combine terms:**
$$E(X) = \frac{9 - 4 - 6 + 1}{10} = \frac{0}{10} = 0$$
7. **Interpretation:**
The expected value per spin is 0, meaning on average, the player neither wins nor loses money per spin.
8. **Over 10 games:**
Since the expected value per game is 0, over 10 games the expected total winnings is:
$$10 \times 0 = 0$$
This means the player can expect to break even over 10 games.
**Answer for b:** D. Over 10 games, the player can expect to break even.
Expected Value 290Fb6
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