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Author Question: In a carnival game, a person wagers $2 on the roll of two dice. If the total of the two dice is 2, ... (Read 74 times)

Lisaclaire

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on: Jan 16, 2020
In a carnival game, a person wagers $2 on the roll of two dice.  If the total of the two dice is 2, 3, 4, 5, or 6 then the person gets $4 (the $2 wager and $2 winnings).  If the total of the two dice is 8, 9, 10, 11, or 12 then the person gets nothing (loses $2).  If the total of the two dice is 7, the person gets $0.75 back (loses $0.25).  What is the expected value of playing the game once?
◦ -$0.42
◦ $0.00
◦ -$0.04
◦ $2.00
Statistics: Informed Decisions Using Data ¦ Sullivan ¦ 5th Edition
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Marked as best answer by Lisaclaire on Jan 16, 2020

6ana001

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Reply #1 on: Jan 16, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Lisaclaire

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Reply 2 on: Jan 16, 2020
Great answer, keep it coming :)

xiazhe

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Reply 3 on: Yesterday
Wow, this really help

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