Suppose a casino has a game where a fair six-sided die is rolled. If an odd...

Question

Question

Suppose a casino has a game where a fair six-sided die is rolled. If an odd number is rolled, the

player loses $2. If a six is rolled, the player wins $20. Otherwise, the player loses $1. If a

player played this game 1000 times, how much money should he expect to gain (or lose)? Show

work.

Answer 1

Answer #1

Thus he is expected to gain 2000$ at the end of 1000 games

Answer 2

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