Ask Question
19 August, 11:26

In a game, a die is thrown and has the following probability distribution. The game is free to play. The payoff for some of the values was randomly generated: Outcome 1 2 3 4 5 6 Probability 1 6 1 6 1 6 1 6 1 6 1 6 Payoff $3 $5 - $10 $11 $3? What would the payoff of the outcome of 6 have to be for this to be a fair distribution? (Hint: expected value = $0

+4
Answers (2)
  1. 19 August, 12:05
    0
    I believe the answer is 10
  2. 19 August, 12:41
    0
    The answer would be 10 i believe.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In a game, a die is thrown and has the following probability distribution. The game is free to play. The payoff for some of the values was ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers