The gain, , of a player in a game of chance follows the distribution shown in the…

MATHEMATICS · Subjective · AP · AP Statistics · Probability Random Variables Distributions · Probability Random Variables Distributions

Problem

The gain,

X

, of a player in a game of chance follows the distribution shown in the table.


$X$	-1	0	$k$
$P(X=x)$	0.6	0.3	0.1

Find the value of

k

that would make the game fair.