Option A ( 1, 2 , 5 , 5)
We have these possible outcomes on two spins
(1, 1) ( 1,2) (2,1) (2,2) (1,5) (5,1) (2,5) (5,2) (5,5)
We have 3 outcomes whose sums are > 6
So....the expected value is
$8(3/9) - $2(6/9) =
$ ( 8/3 - 4/3) =
$ (4/3) ≈ $1.33
Option B
We have 2^3 = 8 possible outcomes
Only one of these is 3 heads
So...the expected value is
$50(1/8) - $1(7/8) =
$ ( 50 - 7 ) / 8 =
$(43)/8 ≈ $5.38
Option B is much better by ≈ $ ( 5.38 - 1.33) ≈ $ 4.05