A fair six-sided die is tossed. You win P5.O if the result is a "3", you win P10.0 if the result is a "6", but otherwise you lose P3.0. Determine the expected amount that you will gain/lose in the game.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 50E: Flexible Work Hours In a recent survey, people were asked whether they would prefer to work flexible...
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A fair six-sided die is tossed. You win P5.O if the result is a "3", you win P10.0 if the result is a "6", but otherwise you lose P3.0. Determine the expected amount that you will gain/lose in the game.
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