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If the payoff of a number game is as follows, what do you think is the fair price of the game that you will

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If the payoff of a number game is as follows, what do you think is the fair price of the game that you will be charged by playing the game? State (number you Probability get) 1 2 3 4 5 1/5 1/5 1/5 1/5 1/5 Payoff -28 -6 1 17 38 hint: the fair price of the game is the price that makes the expected payoff of the game go to zero

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