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Mathematics, 02.10.2020 20:01 puffley

A game of chance is played using a six-sided die. If a 1, 2, or 3 is rolled, the player wins $0. If a 4 or 5 is rolled the player wins $5. If a 6 is rolled, the player wins $8. If each play of the game cost $1, what is the expected payoff? A) -$3
B) -$2
C) $2
D) $3

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A game of chance is played using a six-sided die. If a 1, 2, or 3 is rolled, the player wins $0. If...

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