Part B - Original Game Creation Task 1: Your task is to create an original, interesting, easy-to-play, and profitable ga

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Part B Original Game Creation Task 1 Your Task Is To Create An Original Interesting Easy To Play And Profitable Ga 1 (351.18 KiB) Viewed 87 times

Part B - Original Game Creation Task 1: Your task is to create an original, interesting, easy-to-play, and profitable game involving dice, spinners, cards, or any other reasonable item that introduces and element of chance. Your game must meet the following criteria: Must be a game of chance, and not a game of skills Your game must involve at least 2 stages (i.e. spin then roll the dice) All monetary exchanges (both cost and payout) should be in whole dollars (i.e. cannot involve cents like $2.50) Cost of game must be fixed and ranges between $1 to $10 The expected return for the participant should be between 20% to 40% less of the cost of your game . Q Your description of the game needs to include details about the rules and the items required to play the game. When you are calculating the expected return, include a probability distribution table illustrating the probability of each outcome of the game and justification for each probability value in the table. Remember to clearly define the discrete random variable used in the distribution table and include a tree diagram to justify if necessary. Task 2: Modify your game so that it is a fair game. The items required to play the game should remain the same. You may change the cost that is required to play the game, the payouts of the game, and/or adjust the rules of the game. Remember that all monetary exchanges still need to be in whole dollars. Justify fully and clearly why the modified game is fair. Your justification should include a distribution table illustrating the probability of each outcome of the game.