Mathematics, 20.10.2021 14:00 lilkobe6982

Suppose you are playing a game with one die at a casino. You win $1 if you get a 2 or a 6. You lose $2 if you get a 3, win $5 for rolling a 4, and lose $3 for rolling a 1. What is the expected value of this game? If you played the game repeatedly, would you expect to win or lose money? Why?

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