A game is played using one fair 6-sided die. If the die is rolled and shows 5, the player wins $9.00. If the die shows any number other than 5, the player wins nothing. If there is a charge of $2.00 to play the game, what is the game's expected value?
A game is played using one fair 6-sided die. If the die is rolled and shows 5, the player wins $9.00. If the die shows any number other than 5, the player wins nothing. If there is a charge of $2.00 to play the game, what is the game's expected value?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A game is played using one fair 6-sided die. If the die is rolled and shows 5, the player wins $9.00. If the die shows any number other than 5, the player wins nothing. If there is a charge of $2.00 to play the game, what is the game's expected value?
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