A person pays $2 to play a certain game by rolling a single die once. If a
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A person pays $2 to play a certain game by rolling a single die once. If a 1 or a 2 comes up, the person wins nothing. If, however, the player rolls a 3, 4, 5, or 6, he or she wins the difference between the number rolled and $2. Find the expectation for this game. Is the game fair?
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X Win PX 1 0 1 6 2 0 1 6 3 1 1 6 4 2 ...View the full answer
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