A Carnival Game Costs $2 to Play

question 57

Short Answer

A carnival game costs $2 to play. A player draws a ball at random from a sack containing 1 white ball, 2 blue balls, 3 red balls, and 4 yellow balls. The payoff for drawing a particular color ball is as follows: white pays $5, blue pays $4, red pays $3 and yellow pays nothing. If X is the amount of money a player wins. Calculate E(X). Enter just a real number rounded off to two decimal places (no label).

Explain the concept of olfactory adaptation, its process, and temporal aspects.

Understand the nature and characteristics of digital communication platforms like Twitter, blogs, and podcasts.

Recognize the significance of specific compositional modes for various digital media platforms.

Identify the steps and best practices in creating digital content, specifically for blogging and podcasting.

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Definitions:

Whistle Blowing

The act of exposing any kind of information or activity deemed illegal, unethical, or not correct within an organization.

Company Credit Card

A credit card issued to employees for making authorized business expenditures on behalf of the company.

Ethical Screen

A mechanism designed to prevent conflicts of interest or ethical issues within an organization or profession by separating conflicting parties or interests.

Ethical Decision

A choice made based on moral principles and values, considering the rightness and wrongness of the options and their outcomes.