Question:
Suppose you pay $1.00 to roll a fair die with the
Last updated: 7/19/2022
Suppose you pay $1.00 to roll a fair die with the understanding that you will get $3.00 back for rolling a 4 or a 2, and nothing otherwise. What is the expected amount you will win? - $1.00 $0.00 $3.00 $0.33 $1.00