One of your favorite sports teams is playing at a local stadium, but you waited until the last minute to buy a ticket.
You can buy a scalped (second-hand) ticket for , which has a 20% chance of not working. If the scalped ticket doesn’t work, you’ll have to buy a box office ticket for at the stadium.
- How much do you expect to pay to go to the sports game?
- How much money should you set aside for the game?