Question: You roll a 4-sided die, numbered 1-4. Your payoffs for this game are: Roll 1 2 3 4 What is your expected profit from

You roll a 4-sided die, numbered 1-4. Your payoffs for this game

You roll a 4-sided die, numbered 1-4. Your payoffs for this game are: Roll 1 2 3 4 What is your expected profit from this game? Payoff $1.00 $2.00 $3.00 $10.00

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