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Ann is playing a game in which she spins a spinner with 6 equal-sized slices numbered through 6. The spinner stops on a numbered slice

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Ann is playing a game in which she spins a spinner with 6 equal-sized slices numbered through 6. The spinner stops on a numbered slice at random. This game is this: Ann spins the spinner once. She wins Sl if the spinner stops on the number 1, $3 if the spinner stops on the number 2, 5 ir the spinner stops on the number 3, and $7 if the spinner stops on the number 4. She loses $1.25 if the spinner stops on 5 or 6. (a) Find the expected value of playing the game. dollars (b) What can Ann expect in the long run, after playing the game many times? Ann can expect to gain money. She can expect to win dollars per spin. Ann can expect to lose money, She can expect to lose dollars per spin. Ann can expect to break even (neither gain nor lose money). 5

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