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Answered

RYAN SETS UP 30 PLASTIC DUCKS AT SUMMER FAIR.
PLAYERS MUST CAPTURE TWO DUCKS IN A SHALLOW POND.
THE DUCKS ARE NUMBERED WITH 1-30 ON THEIR UNDERSIDES.
PLAYERS WILL PAY £1 AND WILL GET A PRIZE IF THEY GET TWO DUCKS WITH A CERTAIN TOTAL ON THEIR UNDERSIDES.

A) WOULD RYAN BE EXPECTED TO MAKE MORE MONEY IF HE GAVE A PRIZE TO PEOPLE WHO GET A TOTAL OF 3 OR THE SAME PRIZE TO THOSE WHO MAKE 20? GIVE A REASON FOR YOUR ANSWER.

B) HE DECIDES TO GIVE A PRIZE TO PEOPLE WHO GET A TOTAL OF 8. WHAT IS THE LARGEST PRICE RYAN COULD OFFER WHILE STILL EXPECTING NOT TO MAKE A LOSS?

C) WHY WOULD OFFERING THIS AMOUNT OF MONEY STILL PUT RYAN AT RISK OF MAKING A LOSS?