SOLUTION: A player rolls a six-sided die and receives a number of dollars corresponding to the number of dots on the face that turns up. What amount should the player pay for rolling to make

Question 1203806: A player rolls a six-sided die and receives a number of dollars corresponding to the number of dots on the face that turns up. What amount should the player pay for rolling to make this a fair game?
Answer by ikleyn(52858) (Show Source): You can put this solution on YOUR website!
.
A player rolls a six-sided die and receives a number of dollars corresponding
to the number of dots on the face that turns up.
What amount should the player pay for rolling to make this a fair game?
~~~~~~~~~~~~~~~~~~~~~~~~

The expected winning amount is

     +  +  +  +  +  =  =  = 3.5 dollars.


Therefore, in order for the game be a fair game, the amount for a player to pay should be $3.50.    ANSWER

Solved.

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