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Throw two dice. If the sum of the two dice is 6 or more, you win $47. If not, you pay me $127. Step 1

Throw two dice. If the sum of the two dice is 6 or more, you win $47. If not, you pay me $127.

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Find the expected value of the proposition. Round your answer to two decimal places. Losses must be expressed as negative values.

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