You are playing a game in which a single die is rolled. If a 2 or 5 comes up, you win $36, otherwise you lose $36. What is your expected value for the game?

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asked Aug 8, 2018 164k views

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You are playing a game in which a single die is rolled. If a 2 or 5 comes up, you win $36, otherwise you lose $36. What is your expected value for the game?

Mathematics
high-school

Jan Bluemink asked

by Jan Bluemink

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1 Answer

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Your expected value is 36*2/6 + -36*4/6, which is equal to $-12.

Kertosis answered Aug 11, 2018

by Kertosis

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