hamiltonzoe2806 hamiltonzoe2806
  • 24-04-2018
  • Mathematics
contestada

Suppose that rather than flipping a coin, one rolls a die. if the value is 1, 2, 3, or 4, the player wins $1. if it is 5 or 6, the player loses $1. calculate the expected return.

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elog4545
elog4545 elog4545
  • 25-04-2018
4/6 chance of winning $1 (can be simplified to 2/3 or 0.667) an 2/6 chance of losing $1( can be simplified to 1/3 or 0.333)
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