Answer:
Step-by-step explanation:
We are given that fraction
We have to find the expression which is equivalent to given fraction .
Substitute the values then, we get
We know that
Using the property then, we get
This is required expression which is equivalent to given expression.
Answer:
The expected monetary value of a single roll is $1.17.
Step-by-step explanation:
The sample space of rolling a die is:
S = {1, 2, 3, 4, 5 and 6}
The probability of rolling any of the six numbers is same, i.e.
P (1) = P (2) = P (3) = P (4) = P (5) = P (6) =
The expected pay for rolling the numbers are as follows:
E (X = 1) = $3
E (X = 2) = $0
E (X = 3) = $0
E (X = 4) = $0
E (X = 5) = $0
E (X = 6) = $4
The expected value of an experiment is:
Compute the expected monetary value of a single roll as follows:
Thus, the expected monetary value of a single roll is $1.17.