A bag contains a coin and two dice. One of them is drawn from the bag at random (with equal chance) and tossed. We win $480 if we get heads, lose $12 if we get tails, win $36 if we get 6, and neither lose nor win for any other outcome. What is our expected gain if we play this game once? Enter an exact value without any units.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter0: Preparing For Algebra
Section: Chapter Questions
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A bag contains a coin and two dice. One of them is drawn from
the bag at random (with equal chance) and tossed. We win $480
if we get heads, lose $12 if we get tails, win $36 if we get 6, and
neither lose nor win for any other outcome. What is our expected
gain if we play this game once?
Enter an exact value without any units.
Transcribed Image Text:A bag contains a coin and two dice. One of them is drawn from the bag at random (with equal chance) and tossed. We win $480 if we get heads, lose $12 if we get tails, win $36 if we get 6, and neither lose nor win for any other outcome. What is our expected gain if we play this game once? Enter an exact value without any units.
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