SOLUTION: The game of dots is played by rolling a fair die and receiving $1 for each dot showing on the top face of the die. What cost should be set for each roll if the game is to be con

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Question 260024: The game of dots is played by rolling a fair die and
receiving $1 for each dot showing on the top face of the
die. What cost should be set for each roll if the game is
to be considered a fair game?

Found 2 solutions by checkley77, edjones:
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
The possible outcomes are 1,2,3,4,5,& 6
(1+2+3+4+5+6)/6
21/6=$3.5 is the average value of each toss.

Answer by edjones(8007) About Me  (Show Source):
You can put this solution on YOUR website!
1+2+3+4+5+6=21/6=3.5 average dots.
You should pay $3.50 for it to be a fair game.