You are playing a gambling game with a 12-sided die. If you roll an odd number,...

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You are playing a gambling game with a 12-sided die. If you roll an odd number,...

You are playing a gambling game with a 12-sided die. If you roll an odd number, then you lose $6. If you roll an even number, then you win that amount in dollars (i.e., you roll a 2, you win $2, etc). What is the Expected average winnings/losings of this game?

x = die roll	P(x)	Payoff(x)	P(x)*Payoff(x)
1
2
3
4
5
6
7
8
9
10
11
12
			E =

math Statistics-And-Probability

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Answer 1

Answer #1

X = die P(x) Payoffix)P(X)Pay Payoff(x) off(x) 1 1 ro 1 5 10 2 12 1/2

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Answer 2

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