SOLUTION: In a dice game, one fair dice is used. The player wins P 1000 if he rolls either 1 or a 6. He losses P 500 if he turms up any other face. What is the expected winning for one roll

Question 1138707: In a dice game, one fair dice is used. The player wins P 1000 if he rolls either 1 or a 6. He losses P 500
if he turms up any other face. What is the expected winning for one roll of the dice?
Answer by ikleyn(52792) (Show Source): You can put this solution on YOUR website!
.


The probability to get any of 6 faces up is   for each and evry face.


Therefore, the expected winning for one roll is


         =


      =  =  = 0.    ANSWER

Answered, explained, solved and completed.

RELATED QUESTIONS
In a dice game, a player rolls two dice. His score is the larger of the two numbers on... (answered by stanbon)

If a person rolls doubles when he tosses two dice, he wins $5. FOr the game to be fair,... (answered by ilana)

If a person rolls doubles when he tosses two dice, he wins $5.00. For the game to be... (answered by checkley77)

If a gambler rolls two dice and gets the sum of 7, he wins $20. If he gets a sum of 4, he (answered by Boreal)

If a gambler rolls two dice and gets the sum of 7, he wins $20. If he gets a sum of 4, he (answered by stanbon)

A radio station has a contest in which contestants toll a regular 6-sided die. If he... (answered by greenestamps)

Two balanced 4 sided-dice, each with faces labeled by 1, 2, 3 and4. if Ali plays a game... (answered by solver91311)

Two dices are rolled. If the sum of the numbers showing on the dice is off, player A wins (answered by Boreal)

If a player rolls two dice and gets a sum of 11, he wins $ 20. if he gets a sum of 7 he... (answered by ikleyn)