On three rolls of a single die, you will lose $18 if a 2 turns up at least once, and you will win $7 otherwise. What is the

Question

2 years ago

7

expected value of the game?

1 answer:

Lyrx [107] · Answer 1 · 2022-10-02T06:00:14+03:00

Lyrx [107]2 years ago

6 0

All 6 outcomes are equally likely. 3 rolls will give:

(-18 + 5*7) / 6, then multiplied by 3

$8.50

On three rolls of a single​ die, you will lose ​$18 if a 2 turns up at least​ once, and you will win ​$7 otherwise. What is the