Question: Solve the problem that involves computing expected values in a game of chance. A game is played using one die. If the die is rolled

Solve the problem that involves computing expected values in a game of chance. A game is played using one die. If the die is rolled and shows a 4, the player wins $7. If the die shows any number other than 4, the player wins nothing. If there is a charge of $1 to play the game, what is the game's expected value? Round to the nearest cent.

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