3. A friend devises a game that is played by rolling 2 dice. If its outcome is both greater than 4, you will get $9; otherwise, you pay $1. Compute the expected value for this game.

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.CR: Chapter 12 Review
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3. A friend devises a game that is played by rolling 2 dice. If its outcome is both greater than 4, you will get $9;
otherwise, you pay $1. Compute the expected value for this game.
Transcribed Image Text:3. A friend devises a game that is played by rolling 2 dice. If its outcome is both greater than 4, you will get $9; otherwise, you pay $1. Compute the expected value for this game.
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