Suppose a game is played with one six-sided dice. If the dice is rolled and lands on 1, 2, or 3, the player wins nothing. If the dice lands on 4 or 5, the player wins $5. If the dice lands on 6, the player wins $15.  If you play this game, what is the expected value of this game?

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section: Chapter Questions
Problem 9CC
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Suppose a game is played with one six-sided dice. If the dice is rolled and lands on 1, 2, or 3, the player wins nothing. If the dice lands on 4 or 5, the player wins $5. If the dice lands on 6, the player wins $15.  If you play this game, what is the expected value of this game?

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