Question
suppose you bet $5 on a fair dice roll. if the dice shows a 1, 2, or 3, you lose your money, and if the
suppose you bet $5 on a fair dice roll. if the dice shows a 1, 2, or 3, you lose your money, and if the dice shows a 4 or a 5 you get to roll again. if the dice shows a 6, you make a profit of $20. what is the expected value of this bet?
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Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
4th edition
538470844, 978-0538470841
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