Hector plays a game with a friend. They pay $2 and roll a 6-sided die. If the die comes up a 3 or higher, they win $7. If it doesn't, they win nothing. What is the expected value of the game? Give your answer to the closest cent (two decimal places).

Hector plays a game with a friend. They pay $2 and roll a 6-sided die. If the die comes up a 3 or higher, they win $7. If it doesn't, they win nothing. What is the expected value of the game? Give your answer to the closest cent (two decimal places).

Name: Hector plays a game with a friend. They pay $2 and roll a 6-sided die.
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Description: Hector plays a game with a friend. They pay $2 and roll a 6-sided die. If the die comes up a 3 or higher, they win $7. If it doesn't, they win nothing. What is the expected value of the game? Give your answer to the closest cent (two decimal places).

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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