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A fair die is rolled three successive times. You receive $1.00 for each even (E) that turns up and an additional 8.25 for each two

  • A fair die is rolled three successive times. You receive $1.00 for each even (E) that turns up and an additional 8.25 for each two successive evens that appear (remember that EEE includes two sets of EE). However, you give back $1.10 for each odd that shows up. (1) Draw the decision tree for the game. (i) What is your expected value for this game

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