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After spending months meditating and contemplating her existence, Rey Skywalker decided it was to time to take a walk on the dark side. She
After spending months meditating and contemplating her existence, Rey Skywalker decided
it was to time to take a walk on the dark side". She headed to Mos Eisley, a large spaceport
on the planet Tatooine located on the Great Mesra Plateau.
After having a few drinks at the Mos Eisley Cantina, she headed to one of the casinos. She
decided to test her jedi skills at one of the dice games.
She found a game where two dice are rolled, and players bet on the outcome the sum of
the two dice. These are the price to play and fair payoffs:
Rey discovered that if she waived her hand as the dice rolled, she could change the outcome
in her favor. Unfortunately, her jedi skills were still "awakening". Some of the time, the
handwaiving had no effect. Otherwise, it resulted in exactly what she wanted. Further, she
could only focus on one of the two dice. The second die would have a fair outcome thru
equally likely
Experiments showed that her jedi powers worked of the time. That is of the time,
waiving her hand resulted in exactly what she wanted. of time, it had no effect on the
outcome.
Her plan was simple waive her hand and change the first die to a If it worked, the first
die would be a If it didn't, all of the outcomes thru on the first die were just as likely.
She would take a long bet on and a short bet on
What is the expected payout to Rey's strategy? Answer in dollars and cents, to the nearest
cent, with no punctuation other than the decimal place. For example, if your answer is
$ enter Note that Canvas will remove trailing zeros after the decimal place
from answers.
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