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Consider the following game. You roll two fair dice. If you roll a sum of 8,...

Consider the following game. You roll two fair dice. If you roll a sum of 8, you win $9. Otherwise, you lose $1. Find the expected value (to you) of the game.

A) $0.39

B) $1.25

C) $0.09

D) $0.00

E) -$0.50

Math   Statistics-And-Probability   
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