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In a Carnival Game, a Person Wagers $2 on the Roll

Question 60

Multiple Choice

In a carnival game, a person wagers $2 on the roll of two dice. If the total of the two dice is 2, 3, 4, 5, or 6 thenthe person gets $4 (the $2 wager and $2 winnings) . If the total of the two dice is 8, 9, 10, 11, or 12 then theperson gets nothing (loses $2) . If the total of the two dice is 7, the person gets $0.75 back (loses $0.25) . What isthe expected value of playing the game once?


A) -$0.04
B) -$0.42
C) $2.00
D) $0.00

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