Answered: you are playing a game in which a…

you are playing a game in which a single die is rolled. if a 2 or a 5 comes up, you win $24, otherwise you lose $3. what is the price that you should pay to play game that would make the game fair?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter6: Ratio, Proportion, And Probability

Section6.8: The Multiplication Principle

Problem 2C

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Question

you are playing a game in which a single die is rolled. if a 2 or a 5 comes up, you win $24, otherwise you lose $3. what is the price that you should pay to play game that would make the game fair?

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