Question: Suppose that you throw 2 fair dice simultaneously. If there is a match, you receive 50 cents. Otherwise, you pay 10 cents. Determine the expected

Suppose that you throw 2 fair dice simultaneously. If there is a match, you receive 50 cents. Otherwise, you pay 10 cents. Determine the expected payoff of the game.

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Suppose that you throw 2 fair dice simultaneously. If there is a match, you receive 50 cents. Otherwise, you pay 10 cents. Determine the expected payoff of the game.

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