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Green Red Orange Purple Yellow 4. A game is played where the above spinner is spun and then a six-sided die is rolled. If the spinner lands on purple and the die roll is a 5 or 6, the contestant wins $6.00. If the spinner lands on orange and the die roll is a 4, the contestant wins $10.00. When any other outcome occurs, no prize is won. If the entry fee for the game is $4.00, what is the expected win or loss when playing the game? Is the risk of the game worth the reward? Explain.

Green Red Orange Purple Yellow 4. A game is played where the above spinner is spun and then a six-sided die is rolled. If the spinner lands on purple and the die roll is a 5 or 6, the contestant wins $6.00. If the spinner lands on orange and the die roll is a 4, the contestant wins $10.00. When any other outcome occurs, no prize is won. If the entry fee for the game is $4.00, what is the expected win or loss when playing the game? Is the risk of the game worth the reward? Explain.

Elementary Geometry For College Students, 7e
Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
ChapterP: Preliminary Concepts
SectionP.CT: Test
Problem 1CT
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Green Red Orange Purple Yellow
Transcribed Image Text:Green Red Orange Purple Yellow
4. A game is played where the above spinner is spun and then a six-sided die is rolled. If the spinner lands on purple and the die roll is a 5 or 6, the contestant wins $6.00. If the spinner lands on orange and the die roll is a 4, the contestant wins $10.00. When any other outcome occurs, no prize is won. If the entry fee for the game is $4.00, what is the expected win or loss when playing the game? Is the risk of the game worth the reward? Explain.
Transcribed Image Text:4. A game is played where the above spinner is spun and then a six-sided die is rolled. If the spinner lands on purple and the die roll is a 5 or 6, the contestant wins $6.00. If the spinner lands on orange and the die roll is a 4, the contestant wins $10.00. When any other outcome occurs, no prize is won. If the entry fee for the game is $4.00, what is the expected win or loss when playing the game? Is the risk of the game worth the reward? Explain.
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