Ask Question
31 December, 19:56

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. 31 December, 20:16
    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?
Find 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 the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers