Joe Is Going to Play a Carnival Game Where If $\$ 20$

question 11

Short Answer

Joe is going to play a carnival game where if you guess the correct month, you win $\$ 20$ . It costs $\$ 2$ to play. 1 represents he wins, 2-12 represents he loses.
What is his expected winnings if he plays 27 times? A computer randomly generated the following
numbers from 1 to $12 . \quad$$\begin{array}{|l|l|l|l|l|l|l|l|l|}\hline 8 & 6 & 7 & 9 & 7 & 9 & 10 & 9 & 6 \\\hline4 & 8 & 8 & 5 & 12 & 10 & 9 & 5 & 10 \\\hline6 & 7 & 12 & 5 & 1 & 4 & 9 & 1 & 11 \\\hline\end{array}$

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Definitions:

Information Search

The process of seeking, gathering and evaluating data or information to make a decision or solve a problem, often initiated as part of a consumer's buying decision process.

Comparison Shopping

The act of comparing prices and features of similar products or services from different vendors or brands to find the best deal.

Time Metaphors

Linguistic expressions that use the concept of time to convey messages or understandings about events, experiences, or processes in a culturally relevant way.

Timestyle

An individual's unique way of organizing, perceiving, and valuing their time, affecting their behaviors and choices.