document.write( "Question 372453: How do you solve:\r
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document.write( "Suppose you pay $2.00 to roll a fair die with the understanding that you will get back $4.00 for rolling a 2 or a 1, nothing otherwise. What is your expected net winnings?\r
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Algebra.Com's Answer #265266 by edjones(8007)![]() ![]() You can put this solution on YOUR website! You pay $12. to roll it 6 times. Each number comes up once. You win $8. \n" ); document.write( "Your net winnings are 12-8=-$4 \n" ); document.write( "-4/6= -$2/3 or about -$0.67 expected net winnings per roll. \n" ); document.write( ". \n" ); document.write( "Ed \n" ); document.write( " |