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Suppose You Pay $2

Question 112

Multiple Choice

Suppose you pay $2.00 to roll a fair die with the understanding that you will get back $4.00 for rolling a 6 or a 3,nothing otherwise.What is the expected amount you win?


A) $2.00
B) -$0.67
C) $4.00
D) -$2.00
E) $0.00

Correct Answer:

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