Ask Question
Today, 10:47

A certain game consists of rolling a single fair die and pays off as follows: $5 for a 6, $2 for a 5, $1 for a 4, and no payoff otherwise. find the expected winnings for this game.

+2
Answers (1)
  1. Today, 13:25
    0
    E (winnings) = (5 x (1/6)) + (2 x (1/6) + (1 x (1/6)) = 5/6 + 2/6 + 1/6 = 8/6 = $1.33
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A certain game consists of rolling a single fair die and pays off as follows: $5 for a 6, $2 for a 5, $1 for a 4, and no payoff otherwise. ...” 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