The following dice game costs $10 to play. If you roll 1, 2, c your money. If you roll 4 or 5, you get your money back. If you win $24. (a) Find the distribution of your winnings W. (b) Find the expected value of the game.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 43E
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The following dice game costs $10 to play. If you roll 1, 2, or 3, you lose
your money. If you roll 4 or 5, you get your money back. If you roll a 6, you
win $24.
(a) Find the distribution of your winnings W.
(b) Find the expected value of the game.
Transcribed Image Text:The following dice game costs $10 to play. If you roll 1, 2, or 3, you lose your money. If you roll 4 or 5, you get your money back. If you roll a 6, you win $24. (a) Find the distribution of your winnings W. (b) Find the expected value of the game.
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