Hi, I am new to this forum and would like to ask for your help on the below question:
Fred and Jose are experimenting with a new game. The probability Fred wins a round of this game is 1/3 and for Jose the probability to wins a round is 2/3. They decide that to make the game fair, Fred scores 3 pts when he wins a round, and Jose scores 2 pts when wins a round.
B) How many pts per round can each player expect to win? That is, what is the expected value for each player??
I would like to thank all and especially the admins of this forum because it is so helpful for my confusing math solving ability.