Should you Play? Suppose someone offers you this opportunity: You can place a bet of $10 and
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Should you Play? Suppose someone offers you this opportunity:
You can place a bet of $10 and roll a single die once. You win twice the outcome of the die. For example, if you roll a 6, you win $12 for a net profit of $2. What is the expected value of this game? Should you play?
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