A game is played using one die. If the die is rolled and shows 3, the player wins $25. If the die shows any number other than 3, the player wins nothing. Complete parts (a) through (b) below. a. If there is a charge of $5 to play the game, what is the game's expected value?
A game is played using one die. If the die is rolled and shows 3, the player wins $25. If the die shows any number other than 3, the player wins nothing. Complete parts (a) through (b) below. a. If there is a charge of $5 to play the game, what is the game's expected value?
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 5E
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11.8.15
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A game is played using one die. If the die is rolled and shows
3, the player wins $25. If the die shows any number other than 3, the player wins nothing. Complete parts (a) through (b) below.
a. If there is a charge of $5 to play the game, what is the game's expected value?
$___________
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