Question

A game is played by rolling a fair six-sided die once. If the

Answer 1

The value of the game will be $ 0.08. Then the correct option is B.

What is probability?

Its simple notion is that something will most likely occur. The favorable event's proportion to the overall number of occurrences.

A game is played by rolling a fair six-sided die once.

If the die lands on a 1 the player win $8 otherwise the player loses $1.50.

Then the value of the game will be

The probability of success will be

p = 1/6

The probability of failure will be

p = 5/6

Then the value of the game will be

Value of game = 8p - 1.5q

Value of game = 8 x 1/6 - 1.5 x 5/6

Value of game = 1.3333 - 1.25

Value of game = 0.08333

Value of game ≅ $ 0.08

More about the probability link is given below.

brainly.com/question/795909

#SPJ1