Multiple Choice
Solve the problem.
-Bob and Fred play the following game. Bob rolls a single die. If the result is the number 1, 2, 3, 4, Or 5 , Bob must pay Fred the number of dollars indicated by the number rolled. If a 6 is rolled, Fred must pay Bob $45. Find Fredʹs expectation.
A) $4.00
B) $0.00
C) -$10.00
D) -$5.00
Correct Answer:
Verified
Correct Answer:
Verified
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