Question

A game is played as follows: a die numbered 1 to 6 is rolled. If the number 1 comes up, you get nothing. If the number 2, 3, or 5 comes up, you win $4. If the number 4 or 6 comes up, you lose $6. According to the expected value, this is a fair game. True or False

Answer 1

The answer to this is false