Suppose someone offers you this opportunity: You can place a bet of $ 10 and roll a

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Suppose someone offers you this opportunity: You can place a bet of $ 10 and roll a single die once. You win twice the outcome of the die. For example, if you roll a 6, you win $12 for a net profit of $2. What is the expected value of this game? Should you play?
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Statistical Reasoning for Everyday Life

ISBN: 978-0321817624

4th edition

Authors: Jeff Bennett, Bill Briggs, Mario F. Triola

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