Assume you are blindfolded and throw a dart at the board shown. Assuming your dart sticks in the dart
board, determine the probabilities that the dart lands on $5, $30, $50, and $100, respectively. If you win
the amount of money indicated by the section of the board where the dart lands, find your expectation
when you throw the dart.
$5
$50
$5
$100
$30
a) Probability that the dart lands on $5 =
b) Probability that the dart lands on $30=
c) Probability that the dart lands on $50 =
1
4
d) Probability that the dart lands on $100 =
e) The expected payoff for throwing a dart = $
(Round your answer to the nearest cent.)