document.write( "Question 538365: Consider a game consisting of rolling a single fair die. If an even turns up on the roll, you receive you receive the same number of dollars. (For example, if you roll a 6, you get 6 dollars.) If an odd number turns up, you then pay the same number of dollars. (For example, if you roll a 5, you must pay 5 dollars.) What are the expected net winnings of this game?\r
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document.write( " A. $0.25
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document.write( " B. $0.50
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document.write( " C. $0.75
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document.write( " D. $1.00 \n" );
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Algebra.Com's Answer #353157 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Consider a game consisting of rolling a single fair die. If an even turns up on the roll, you receive you receive the same number of dollars. (For example, if you roll a 6, you get 6 dollars.) If an odd number turns up, you then pay the same number of dollars. (For example, if you roll a 5, you must pay 5 dollars.) What are the expected net winnings of this game? \n" ); document.write( "--- \n" ); document.write( "Expected = (1/6)[2+4+6-(1+3+5)] = (1/6)[3] = $0.50 \n" ); document.write( "============= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "============= \n" ); document.write( "A. $0.25 \n" ); document.write( "B. $0.50 \n" ); document.write( "C. $0.75 \n" ); document.write( "D. $1.00 \n" ); document.write( " \n" ); document.write( " |