Question

In a game, you roll a die. If you get a 2 or 3, you would win $5. If you roll a 1, you win $8 and if you roll a 4, 5, or 6, you lose $14. What is the expected value of one roll of the die?

Answer 1

-$14

Explanation:

3/6 of the possibilities while the other is 2/3 and 1/3.