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    Exam 10: Statistics and Probability
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    Solve the Problem. -You Are Playing a Game in Which a Single Die
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Solve the Problem. -You Are Playing a Game in Which a Single Die

Question 17

Question 17

Multiple Choice

Solve the problem.
-You are playing a game in which a single die is rolled. If a 2 or a 5 comes up, you win $42, otherwise you lose $30. What is your expected value for the game?


A) -$7
B) $6
C) -$6
D) -$8

Correct Answer:

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