Question

Due Saturday, Oct 26, 11:59pm CDT Applications using expected value Question Janet plays a dice game. If she rolls a 1, she wins $3 while if she rolls a 2, she wins $1. If she rolls a 3, 4, or5, she loses $1 and if a 6 is rolled, she doesn't win or lose Find the expected value of this dice game. Round to the nearest cent. Do not round until the final calculation. Provide your answer below FEEDBACK MORE INSTRUCTION SUBMIT Content atrbuon aSearch or type URL & 7 2 4 5 6 7 8 9 Q T Y P A F G H J K. L с V B M command command optio A O V

Answer 1

Jandd plays ice Give gama a f ghe sele a1, she rne $3, Tf she sdls a 2 she he Loses & a 2 'I a 6 she doesnt otn f she sells P (tells a ) 17 PCN a 2J P(% P(o -7 2 17 P(N 17 pCadls a 6 17 P (y) &y 17 -O P () +y PC) PC Ex pecded value 4P() + ( +O. - 2. + + 2 + his ibequesed Dndies -o 64