Question:

On three rolls of a single die, you will lose $14 if a 3

Last updated: 7/4/2022

On three rolls of a single die, you will lose $14 if a 3

On three rolls of a single die, you will lose $14 if a 3 turns up at least once, and you will win $8 otherwise. What is the expected value of the game? Let X be the random variable for the amount won on a single play of this game. E(X)= dollars (Type an integer or a decimal rounded to the nearest cent as needed.)