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Roll a fair six-sided die. You win $7 if you roll a number greater than 3. You will lose $3 if you roll the 9) number 2. If you roll any other number, you will neither win nor lose anything. Find the expected
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Roll a fair six-sided die. You win $7 if you roll a number greater than 3. You will lose $3 if you roll the 9) number 2. If you roll any other number, you will neither win nor lose anything. Find the expected value (winnings) of this probability experiment to the nearest cent.

User Jake Hoffner
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3 votes

Answer:

So, the expected value (winnings) of this probability experiment is $3.

Explanation:

Roll a fair six-sided die. You win $7 if you roll a number greater than 3. You will-example-1
User Harlan Kassler
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