Miranda S.

asked • 04/26/15

Need help. Show Work.

Suppose that you roll a pair of honest dice. If you roll a total of 7, you win $18; if you roll a total of 11, you win $54; if you roll any other total, you lose $9. Fine the expected payoff for this game. 
 
Answer: $-1.00
 
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1 Expert Answer

By:

Beverly L. answered • 04/26/15

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4.9 (73)

Need Math, Chemistry, or Economics help? BA ECON/CHEM, MS ECON.

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