Question:
You are playing a game where you are rolling a fair 6-sided
Last updated: 8/9/2022
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You are playing a game where you are rolling a fair 6-sided number cube. It costs $1.00 for every roll. If you roll an even number, you win $3.00. If you roll an odd number, you win nothing. Which of the following is the expected value of this game? (A) expected value = -$0.50 (B) expected value = $0.50 (C) expected value = $1.00 (D) expected value = -$1.00