Solved

Solve the Problem $1.00\$ 1.00 To Roll a Fair Die with the Understanding That You

Question 116

Multiple Choice

Solve the problem.
-Suppose you pay $1.00\$ 1.00 to roll a fair die with the understanding that you will get back $3.00\$ 3.00 for rolling 6 or 4 . What are your expected winnings?


A) $0\$ 0
B) $3.00\$ 3.00
C) $1.00\$ 1.00
D) $2.00-\$ 2.00

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions