A game of chance involves rolling an unevenly balanced 4-sided die. The probability that a roll comes up 1 is 0.18, the probability that a roll comes up 1 or 2 is 0.41, and the probability that a roll comes up 2 or 3 is 0.49 . If you win the amount that appears on the die, what is your expected winnings? (Note that the die has 4 sides.) Answer = dollars.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 50E: Medicine Out of a group of 9 patients treated with a new drug, 4 suffered a relapse. Find the...
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A game of chance involves rolling an unevenly balanced 4-sided die. The probability that a roll comes up 1 is 0.18, the probability that a roll comes up 1 or 2 is 0.41, and the probability that a roll comes up 2 or 3 is 0.49 . If you win the amount that appears on the die, what is your expected winnings? (Note that the die has 4 sides.)

Answer = dollars.

 

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