Question
Asked Apr 19, 2019
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A certain game consists of rolling a single fair die and pays off as​ follows:
​$88
for a​ 6,
​$22
for a​ 5,
​$11
for a​ 4, and no payoff otherwise. Find the expected winnings for this game.
 
The expected winnings for this game are
​--.
​(Round to the nearest​ hundredth.)
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Expert Answer

Step 1

Let xi denote the pay off for getting the number i on the fair die, then x6=$88, x5=22, x4=$11 , x3=x2=x1=0. We know that ...

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