Question: Find the expected value of the random variable. Round to the nearest cent unless stated otherwise. Suppose you pay $3.00 to roll a fair die

Find the expected value of the random variable. Round to the nearest cent unless stated otherwise.

Suppose you pay $3.00 to roll a fair die with the understanding that you will get back $5.00 for rolling a 4 or a 6, nothing otherwise. What is your expected value?

A. -$3.00

B. $3.00

C. -$1.33

D. $5.00

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