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20 November, 08:41

In a carnival game, you roll 2 dice. if the sum is 6, you receive a $5 payoff. if the sum is 12, you receive a $9 payoff. otherwise, you receive no payoff. what is the expected payoff? (round your answer to two decimal places.) answer

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  1. 20 November, 11:02
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    P (sum = 6) = 5/36; P (sum = 12) = 1/36

    expected payoff = (5/36) (5) + (1/36) (9) = $0.94
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