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Asked by April

You play a gambling game with a friend in which you roll a die. If a 1 or 2 comes up, you win $8. Otherwise you lose $2. What is your expected value for this game?
6 years ago

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Answered by oobleck
2/6 * 8 - 4/6 * 2 = ?
6 years ago
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You play a gambling game with a friend in which you roll a die. If a 1 or 2 comes up, you win $8. Otherwise you lose $2. What is your expected value for this game?

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