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A game consists of rolling a colored die with three red sides, two green sides, and one blue side. A roll of a red loses. A roll of green pays $2. A...
A game consists of rolling a colored die with three red sides, two green sides, and one blue side. A roll of a red loses. A roll of green pays $2.00. A roll of blue pays $5.00.
a) What is the expected value of the play? Enter your answer in dollars, rounded to the nearest hundredth.
Answer: $Answer
b) The charge to play the game is $2.00. Would you play this game?
Answer: Answer
Yes
No
because I would expect toAnswer
lose
gain
about $Answer
per a single roll of the colored die.