Question
Suppose you pay $2.00 to roll a fair die with the understanding that you will get back $4 for rolling a 1 or a 6,
Suppose you pay $2.00 to roll a fair die with the understanding that you will get back $4
for rolling a 1 or a 6, nothing otherwise. What is your expected value of your gain or loss, rounded to the nearest cent?
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Nonlinear Systems And Their Remarkable Mathematical Structures Volume 3, Contributions From China
Authors: Norbert Euler, Da jun Zhang
1st Edition
1000423301, 9781000423303
