answersLogoWhite

0

Assuming the die is six-sided, you would expect to receive 5/6 + 3/6 + 2/6 = 10/6 units payoff each roll.

One would suggest a cost of 2 units per roll to generate profit for the person running the contest.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Is the mean of probability distribution is called its expected value?

No. The mean is the expected value of the random variable but you can also have expected values of functions of the random variable. If you define X as the random variable representing the result of a single throw of a fair die, the expected value of X is 3.5, the mean of the probability distribution of X. However, you play a game where you pay someone a certain amount of money for each throw of the die and the other person pays you your "winnings" which depend on the outcome of the throw. The variable, "your winnings", will also have an expected value. As will your opponent's winnings.


Do you need to show your social security card to collect winnings at an Indian Casino in California?

Not necessarily, it depends on how big and what type of winnings they are. (e.g.: If you hit a single pay jackpot of $1200 or more) you will have to produce it so that your winnings can be reported to the IRS for tax purposes.


Having or consisting of a single cell?

Unicellular.


What is the probability of getting a 7 after rolling a single die numbered 1 to 6?

The probability of rolling a 7 at any time on a single die is zero.


What is the probability of rolling a 12 in a single roll of two dice?

The probability of rolling a sum of 12 in a single roll of two dice is 1 in 36, or about 0.0278.


What is unicellularorganism?

A Unicellular Organism is the having or consisting of a single cell.


What is the probability of rolling a 3?

assuming a single six sided die the probability of rolling a three is 1/6


Expected value of single die?

3.5


What song was the top single from 1965?

"Satisfaction"-The Rolling Stones


What are the odds of rolling a 3?

On a single die it is 1 in 6.


What does monatomic mean?

'Monatomic' means having or consisting of single atoms.


Which blood vessel are the smallest consisting of only a single layer of epithelial cells?

Capillaries are the smallest blood vessels in the body, consisting of a single layer of endothelial cells. They are where oxygen and nutrients are exchanged with tissues.