Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. at the fair there is a game: if a player rolls a d

At the fair there is a game: If a player rolls a die and gets...

70.2K

Verified Solution

Question

Basic Math

image

At the fair there is a game: If a player rolls a die and gets a 1, he wins $5. If the person rolls a die and gets a 2, he wins $1. The cost to play the game is $2. Find the expected earnings for the game, including the cost to play. Would you want to play the game?-$3. I would not want to play the game because it is expected that I lose three dollars.$1. I would want to play the game because it is expected that I earn a dollar.-$1. I would not want to play the game because it is expected that I lose a dollar.$3. I would want to play the game because it is expected that I earn three dollars.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Write the given vector in terms of i and u 1 2

Biology
1.2K views

What are the 12 principles of the ethical practice of Public Health?

Physics
1.2K views

Free Fall on Different Worlds Objects in free fall on the earth have acceleration ay=−9.8m/s2ay=−9.8m/s2. On...

Mechanical Engineering
1.2K views

Interpret typical creep curve and use mathematical analysis to predict creep behaviour

Basic Math
1.2K views

Use function notation to rewrite the function using the given functiony = 8x +7x+5, function...

Accounting
1.2K views

Gary is an internal auditor for Bodine Information Systems (BIF). In 2015, BIF opened a...

Accounting
1.2K views

Required Information The following information applies to the questions displayed below.j Laker Company reported the...

Accounting
1.2K views

2. Ch 09 Practice Test Question 02 All of the following are criticisms of ROl...

Accounting
1.2K views

Cost of goods sold............................................ $400,000 Income tax expense............................................ 40,000 Operating expenses............................................ 300,000 Research and development...

Accounting
1.2K views

Following are the budgeted income statements for the second quarter of 2016 for SeaTech, Inc.:...

Accounting
1.2K views

Wehr Inc. is preparing its cash budget for April. The budgeted beginning cash balance is...

Finance
1.2K views

Select an agriculture firm of your own choice and discuss the following: i. Type of...