A game involving a fair die (it is equally likely for each of the six faces to
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A game involving a fair die (it is equally likely for each of the six faces to appear) gives $3 if you roll either a 1 or 2, but you lose $2 if anything else comes up. What is the expected value?
Related Book For
Discrete and Combinatorial Mathematics An Applied Introduction
ISBN: 978-0201726343
5th edition
Authors: Ralph P. Grimaldi
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