Textbook ExpertVerified Tutor
29 Nov 2021
Given information
If you roll a die and you get you win $.
If you roll a die and get win $.
If you roll a die and get you lose $.
Step-by-step explanation
Step 1.
To get the expected average value formula would be
Now,
X | P(X) | X.P(X) |
10 | ||
5 | ||
-6 | ||
TOTAL | 1 |
Thus, the expected earing per game is $.
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