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A Dice Game Involves Rolling Three Dice and Betting on One

Question 101

Multiple Choice

A dice game involves rolling three dice and betting on one of the six numbers that are on the dice. The game costs $12 to play, and you win if the number you bet appears on any of the dice. The
Distribution for the outcomes of the game (including the profit) is shown below:  Number of dice with your number  Profit  Probability 0$12125/2161$1275/2162$1415/2163$361/216\begin{array}{ccc}\hline \text { Number of dice with your number } & \text { Profit } & \text { Probability } \\\hline 0 & -\$ 12 & 125 / 216 \\1 & \$ 12 & 75 / 216 \\2 & \$ 14 & 15 / 216 \\3 & \$ 36 & 1 / 216 \\\hline\end{array}

Find your expected profit from playing this game.


A) $0.50\$ 0.50
B) $12.20\$ 12.20
C) $1.69- \$ 1.69
D) $6.47\$ 6.47

Correct Answer:

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