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err the probability rather. odds is something different.

they are independent of each other the color of bean you get. The amount of money is not

Yes, but the probability will tell you what the expected earning is.

Yes.

Well wait.

What do you mean by a 1/4 chance for the first cup?

The first cup doesn't matter. You can pick any color.

Oh.

You have a 1/4 chance for the second cup to match the first.

and a 1/4 chance for the 3rd cup.

and a 1/4 chance for the 4th cup.

So P(A and B and C)

so that means to get 4 straight of the same color its a 1/64 chance?

Right.

yep.

Nope, that's it. It doesn't matter which color you get first.

And the nrepeat with the others?

No. Because you'll only pick 1 of those 4 colors.

And whichever one you pick you'll only have a 1/4 chance to get the same color on your next pick.

It seems too simple to be true :0

The expected earning is how much you will make on average per attempt.

Each attempt you're only dealing with one color (the one you pick in the first cup).

Mathematics is often easier than you think.

Hmm, so if im trying to price this game like how much people have to pay to play

I just do the estimated value out

and just price on that number? So in this case its 21.1, so i might price it at 25?

And add your profit margin.

yeah.

Will fan you! :D

be sure to click good answer to mark this question as solved.

Ohh mmkay no problem

Wait a minute, doesn't the probabilities have to add up to 1?

!!!