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3 years ago

15

Suppose you pay $1.00 to roll a fair die with the understanding you will get $3.00 back rolling a 4 or a 2, and nothing otherwis

e. What is the expected amount you will win?

1 answer:

nikdorinn [45]3 years ago

6 0

There are 2 chances out of 6 to win $3

Every 6 rolls you are expected to win $6

Every 3 rolls you are expected to win $3.

On average, even though it's impossible, every roll you would make $1.

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