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Mathematics, 17.12.2019 01:31 Goldenstate32

After paying $5 to play, a single fair die is rolled, and you are paid back the number of dollars corresponding to the number of dots facing up. for example, if a 6 turns up, $6 is returned to you for a net gain, or payoff, of $1, if a 4 turns up, $4 is returned for a net gain of minus$1, and so on. what is the expected value of the game? is the game fair? the expected payoff of the game is $ nothing.

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