Engineering Board Exam Reviewer · Odds and Mathematical Expectation · medium
In a game, a player wins P30 if a fair die shows a 6 and loses P5 otherwise. Find the expected gain per play.
- P0.83
- -P0.83
- P25
- P5
Answer
A. P0.83
Solution
E= 16(30)+ 56(-5)=5-4.17= 56 P0.83 per play.
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