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QUESTION

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.

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