Suppose you play a game with two 4-sided dice with sides numbered 1 through 4. If you roll a sum of 8 (face down), you win PHP50. If you roll anything else, you lose PHP 20. What can you expect to win or lose in this game?

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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Suppose you play a game with two 4-sided dice with sides numbered 1 through 4. If you roll a sum of 8 (face down), you win PHP50. If you roll anything else, you lose PHP 20. What can you expect to win or lose in this game?

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