1. ## Expected Value

A game that costs $1 per play involves rolling a single fair die and pays off as follows:$3 for a 6, $2 for a five,$1 for a 4 and no payoff otherwise. What is the expected value of this game?

$-0.50$0
$0.17 0.50 Thanks! 2. Originally Posted by rero23 A game that costs$1 per play involves rolling a single fair die and pays off as follows: $3 for a 6,$2 for a five, $1 for a 4 and no payoff otherwise. What is the expected value of this game? Answer Options:$-0.50
$0$0.17