:)

Craps: In the game of craps, a pair of dice are rolled. and people bet on the outcome. For example, you can bet 51 that the dice will total 3. The probability that 1 you win is E' and if you win, your prot is $15. If you lose, you lose 51. (a) What is the expected value of your prot? Round the answer to two decimal places. The expected value of prot is dollars. (b) Is it an expected gain or an expected loss? Round the answer to two decimal places. This is an expected of 5D