document.write( "Question 1106458: If a gambler rolls two dice and gets a sum of 10, he wins $10, and if he gets a sum of three, he wins $20. The cost to play the game is $5. What is the expected value of this game.\r
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document.write( "I know that question have already been answered and I saw it, but I dont see how they came up with the answer. If you can help me understant the answer to this question, I would greatly appreciate it.
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Algebra.Com's Answer #721433 by rothauserc(4718)![]() ![]() You can put this solution on YOUR website! Consider the sample space for rolling two 6-sided dice, there are 36 possible outcomes \n" ); document.write( ": \n" ); document.write( "(1,1),(1,2),(1,3),(1,4),(1,5),(1,6) \n" ); document.write( "(2,1),(2,2),(2,3),(2,4),(2,5),(2,6) \n" ); document.write( "(3,1),(3,2),(3,3),(3,4),(3,5),(3,6) \n" ); document.write( "(4,1),(4,2),(4,3),(4,4),(4,5),(4,6) \n" ); document.write( "(5,1),(5,2),(5,3),(5,4),(5,5),(5,6) \n" ); document.write( "(6,1),(6,2),(6,3),(6,4),(6,5),(6,6) \n" ); document.write( ": \n" ); document.write( "There are only two that have a sum of three: (1,2) and (2,1) \n" ); document.write( "There are only three that have a sum of ten: (4,6), (5,5), and (6,4) \n" ); document.write( ": \n" ); document.write( "Therefore the expected winning on a role is \n" ); document.write( ": \n" ); document.write( "(2/36) * 20 + (3/36) * 10 = $1.94 \n" ); document.write( ": \n" ); document.write( "The gambler paid $5 which means \n" ); document.write( ": \n" ); document.write( "-$5 +$1.94 = -3.06 \n" ); document.write( ": \n" ); document.write( "The gambler can expect to lose $3.06 per play on average \n" ); document.write( ": \n" ); document.write( " |