At a carnival, a game consists of throwing darts at a wall of 20 balloons. One of the balloons contains a $50 bill inside, three of the balloons each contain a $5 bill inside, and the rest of the balloons are empty. It costs $4 to throw a dart at the balloons. Whatever balloon is pop, you keep the money inside. Determine the expected value of this game to a player.

Q&A Education