Consider the Following Game Involving a Single Die

Essay

Consider the following game involving a single die.Someone offers to give you $1 if you toss a 1,$2 if you toss a 2,$3 if you toss a 3,etc.In other words,your earnings will correspond to the face value of the die.However,to play this game,each toss will cost you $2.50.You decide to use Crystal Ball to simulate your net earnings per toss based on 1000 simulation runs.What is your mean net earning per toss based on the simulated sample values?