# You roll a die. If it comes up a 6, you win $100. If not, you get to roll again.

## Question:

a) Create a probability model for the amount you win.

b) Find the expected amount you'll win.

c) What would you be willing to pay to play this game?

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## Step by Step Answer:

**Related Book For**

## Stats Data and Models

**ISBN:** 978-0321986498

4th edition

**Authors:** Richard D. De Veaux, Paul D. Velleman, David E. Bock

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