Multiple Choice
A game consists of rolling a regular die. You pay $5 to play the game, and the $5 is not returned. If you roll a 1 or 2, you win $6. If you roll a 3, 4, 5, or 6, you win nothing. What is the mean value for this game, taking into account the $5 cost of the game?
A) −$5
B) −$3
C) $1
D) $3
Correct Answer:
Verified
Correct Answer:
Verified
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