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Mathematics, 29.10.2021 05:30 zionboy77
Players in a die–toss game using a die with numbers 1 through 12 can win the following amounts: $2 for an even number and the roll amount (in $) for an odd number ($1 for a 1; $3 for a 3, etc.).
a. What are the expected earnings of this game?
The expected earnings are.
b. What should a person pay when playing in order for this to be a fair game?
The player should payfor the game
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Answers: 1
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Players in a die–toss game using a die with numbers 1 through 12 can win the following amounts: $2 f...
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