Question:a
casino offers a game wherein a player can roll one six sided due.
if the...
Question
a
casino offers a game wherein a player can roll one six sided due.
if the...
a
casino offers a game wherein a player can roll one six sided due.
if the player rolls a 1 or 2, they win. if the player rolls a 3, 4,
5, or 6, they lose. if a player bets $2.00 and wins, they will be
paid out an additional $3.00. if they lose, they lose their initial
$2.00. Find the expected value of the $2.00 bet.
enter your answer rounded to the nearest cent and don't
forget, expected values can be negative!