Question:
Suppose you pay $2.00 to roll a fair die with the
Last updated: 7/19/2022
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Suppose you pay $2.00 to roll a fair die with the understanding that you will get back $4.00 for rolling a 2 or a 1, nothing otherwise. What is your expected net winnings? $4.00 -$2.00 -$0.67 $2.00