Question
A game is played using one die. If the die is rolled and shows 6, the player wins $50. If the die shows any number other than 6, the player wins nothing. Complete parts (a) through (b) below.
uestion 13
a. If there is a charge of $10 to play the game, what is the game's expected value?
uestion 13
a. If there is a charge of $10 to play the game, what is the game's expected value?
Answers
oobleck
1/6 * 50 + 5/6 * 0 - 10 = _____