Problem 9.An urn contains five balls, two of which are marked $1, two $5, and one $15. The game is played as follows: You pay me $10 to select two balls at random (without replacement) from the urn, at which point I pay you the sum of the amounts marked on the two balls.(a) Is this a fair game (meaning, is the cost of each turn equal to the expected payout)? Be precise and show all work.(b) If your answer to (a) is no, what should I charge for each turn to make it a fair game?
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- Write a four to five (4-5) page paper in which you: Summarize the employment-at-will doctrine discussed in the text and then evaluate three (3) of the six (6) scenarios described by determining: Whether you can legally fire the employee; include an assessment of any pertinent exceptions to the employment-at-will doctrine. The primary action(s) that you should take to limit liability and impact on operations; specify the ethical theory that best supports your decision. Examine your state’s policy on employment-at-will. Analyze at least one (1) real-world example of an employee or employer utilizing your state’s employment-at-will doctrine in the last five (5) years. Include a summary of the main issue and the outcome in the identified real-world example. Use at least three (3) quality resources in this assignment. Note: Wikipedia is not an acceptable reference and proprietary Websites do not qualify as academic resources
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