SOLUTION: A player rolls a six-sided die and receives a number of dollars corresponding to the number of dots on the face that turns up. What amount should the player pay for rolling to make
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Question 1203806: A player rolls a six-sided die and receives a number of dollars corresponding to the number of dots on the face that turns up. What amount should the player pay for rolling to make this a fair game? Answer by ikleyn(52855) (Show Source):
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A player rolls a six-sided die and receives a number of dollars corresponding
to the number of dots on the face that turns up.
What amount should the player pay for rolling to make this a fair game?
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The expected winning amount is
+ + + + + = = = 3.5 dollars.
Therefore, in order for the game be a fair game, the amount for a player to pay should be $3.50. ANSWER
