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Suppose you are offered the chance to play a game with a fair 3-sided die. The sides are numbered 1, 2, and 3 respectively. The

Suppose you are offered the chance to play a game with a fair 3-sided die. The sides are numbered 1, 2, and 3

respectively. The game consists of tossing this die twice andobserving the product of the two outcomes. If the product is NOT a multiple of 3, then you win a pay-out. However, if it IS a multiple of 3, you lose your money. You pay R5to play.

What would a fair pay-out (in Rand) for this game be?

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