document.write( "Question 201969: The game of dots is played by rolling a fair die and recieving $1 for each dot showing on the top face of the die. What cost should be set for each roll if the game is to be considered a fair game?\r
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document.write( "Thanks in advance for your help. \n" );
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Algebra.Com's Answer #152232 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! The game of dots is played by rolling a fair die and recieving $1 for each dot showing on the top face of the die. What cost should be set for each roll if the game is to be considered a fair game? \n" ); document.write( "----------------------- \n" ); document.write( "The probability of each number value is 1/6. \n" ); document.write( "The expected earnings on the game is: \n" ); document.write( "(1/6)(1 + 2 + 3 + 4 + 5 + 6) = (1/6)*21 = 7/2 = 3.5 \n" ); document.write( "--------------- \n" ); document.write( "To make the game fair and charge should be $3.50 \n" ); document.write( "since the expected earnings is $3.50.\r \n" ); document.write( "\n" ); document.write( "============================================================= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "============================================================= \n" ); document.write( " |