document.write( "Question 218974: If a gambler rolls two dice and gets a sum of 9, he wins $20, and if he gets a sum of 3, he wins $40. The cost to play the game is $5. What is the expectation (to the nearest cent) of this game? \n" ); document.write( "
Algebra.Com's Answer #164789 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! If a gambler rolls two dice and gets a sum of 9, he wins $20, and if he gets a sum of 3, he wins $40. The cost to play the game is $5. What is the expectation (to the nearest cent) of this game? \n" ); document.write( "---------------------------- \n" ); document.write( "Let the random variable \"x\" be a count of gain for the gambler. \n" ); document.write( "X = 15, 35, -5 \n" ); document.write( "------------------------ \n" ); document.write( "Sum of 9: (3,6),(4,5),(5,4)(6,3) \n" ); document.write( "P(sum of 9) = 4/36 \n" ); document.write( "------------------------- \n" ); document.write( "Sum of 3: (1,2),(2,1) \n" ); document.write( "P(sum of 3) = 2/36 \n" ); document.write( "---------------------------- \n" ); document.write( "E(X) = 15(4/36) + 35(2/36)+(-5)(30/36) \n" ); document.write( "E(X) = [60 + 70 -150]/36 = -56 cents \n" ); document.write( "========================================= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |