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Find the Expected Value

Question 182

Multiple Choice

Find the expected value.
-You are given 9 to 1 odds against rolling a sum of 8 with the roll of two fair dice, meaning you win $9 if you succeed and you lose $1 if you fail. Find the expected value (to you) of the game.


A) $0
B) $1.25
C) $0.39
D) $0.09

Correct Answer:

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