Question

Throw a die. If you win $2.00 when the number is even and lose $1.00 when the number is odd, what is the expected

value? If you pay 51.00 to play the game, will you win in the long run?

Answer 1

You will not win in the wrong run

Explanation:

if you pay $51.00 to play one game and won you would have $2.00 back and you would have payed $49.00 to play a game