Question: A friend devises a game that is played by rolling a single six-sided die once. If you roll a 6, he pays you $3; if


A friend devises a game that is played by rolling a single six-sided die once. If you roll a 6, he pays you $3; if you roll a 5, he pays you nothing; if you roll a number less than 5, you pay him $1. Compute the expected value for this game from your perspective. (Note: Include a dollar sign in your answer and round to the nearest penny. If your answer is negative, put the negative sign first, like -$3.50.)
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