Question
Your friend Joe is trying to raise money to buy a new trumpet. He decides to create a game. He asks people to give him
Your friend Joe is trying to raise money to buy a new trumpet. He decides to create a game. He asks people to give him $2 to roll two 6-sided dice. If the sum of the dice is greater than 6, Joe will give you $2 back. If the sum is 2 or less, Joe will give you back $10. Is this a good fundraiser for Joe?
a. Yes, this is a good fundraiser for Joe. He can expect to make $1.44 for each person who plays the game.
b. No, this is NOT a good fundraiser for Joe. He can expect to lose $1.44 for each person who plays the game.
c. Yes, this is a good fundraiser for Joe. He can expect to make $0.56 for each person who plays the game.
d. No, this is NOT a good fundraiser for Joe. He can expect to lose $0.56 for each person who plays the game.
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