Group Work 3 An experiment has a failure rate of 09 and succ

Group Work 3 An experiment has a failure rate of 0.9 and success rate of 0.1. The game is set up so that if success happens in the first try you would receive $100 in the second try $80 and so on. If it goes on for more than 6 trials you would start losing money, $20 bucks more per each trial. What is your game expectation? Would you accept to play such a game a multiple of times.

Solution

THE GAME SHOULD NOT BE PLAYED AS THE SUCCESS RATE IS 0.1 AND FAILURE RATE IS 0.9.

SO FAILURE BEING ON HIGHER SIDE. IT SHOULD NOT PLAYED