document.write( "Question 1155648: can you create a lottery question that is a \"fair game\", calculate the probability of winning, decide cost to play and playoff amounts for winning, and prove the game is a fair game??\r
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document.write( "plss i really appreciate it. can you create a question with this guidelines?!! \n" );
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Algebra.Com's Answer #778477 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! Pay a dollar, and roll a die. \n" ); document.write( "If you guess the number correctly, you get $6, otherwise you lose your $1. \n" ); document.write( "E(X)=$6*(1/6)-$1(6/6). Note: You don't get your dollar back at all, so there is at least a $1 loss. But in 1/6 chances you get $6, which will make the E(X)=0 \n" ); document.write( " \n" ); document.write( " |