# The game of dots is played by rolling a fair die and receiving \$1 for each dot showing on the top face of the die

The game of dots is played by rolling a fair die and receiving \$1 for each dot showing on the top face of the die. What cost should be set for each roll if the game is to be considered a fair game?

The expected value of throwing the die is..

1/6(1+2+3+4+5+6)=21/6 dollars. That is the fair cost of playing the game.
##### Add Answer of: The game of dots is played by rolling a fair die and receiving \$1 for each dot showing on the top face of the die
Similar Homework Help Questions
• ### the game of dots is played by rolling a fair die and receiving 1\$ for each dot showing on the top face of the die

the game of dots is played by rolling a fair die and receiving 1\$ for each dot showing on the top face of the die. What cost should be set for each roll if the game is to be considered a fair game?

• ### The game of dots is played by rolling a fair die and receiving \$1 for each dot showing on the top face of the die

The game of dots is played by rolling a fair die andreceiving \$1 for each dot showing on the top face of thedie. What cost should be set for each roll if the game isto be considered a fair game?

• ### The game of dots is played by rolling a fair die and receiving \$1 for each dot showing on the top face of the die

The game of dots is played by rolling a fair die and receiving \$1 for each dot showing on the top face of the die. What cost should be set for each roll if the game is to be considered a fair game?

• ### The game of dots is played by rolling a fair die and receiving \$1 for each dot showing on the top face of the die

The game of dots is played by rolling a fair die and receiving \$1 for each dot showing on the top face of the die. What cost should be set for each roll if the game is to be considered a fair game?

• ### The game of dots is played by rolling a fair dice and receiving \$1 for each dot showing on the top face of the die

The game of dots is played by rolling a fair dice and receiving \$1 for each dot showing on the top face of the die. What cost should be set for each roll if the game is to be considered a fair game?

• ### The game called dots is played by rolling a fair die and receiving 1\$ for each dot showing on the top face of the die

The game called dots is played by rolling a fair die and receiving 1\$ for each dot showing on the top face of the die. What cost should be set for each roll if the game is to be considered a fair game? Not a clue on this one.

• ### The game of dots is played by rolling a fair die and receiving \$1 for each dot showing on the top face of the die

The game of dots is played by rolling a fair die and receiving \$1 for each dot showing on the top face of the die. What cost should be set for each roll if the game is to be consdiered a fair game?

• ### The game of dots is played by rolling a fair die and recieving \$1 for each dot showing on the top face of the die

The game of dots is played by rolling a fair die and recieving \$1 for each dot showing on the top face of the die. What cost should be set for each roll if the game is to be considered a fair game? Thanks in advance for your help.

• ### The game of dots is played by rolling a fair die and receiving \$1 for each dot showing on the top face of the die

The game of dots is played by rolling a fair die and receiving \$1 for each dot showing on the top face of the die. What cost should be set for each roll if the game is to be considered a fair game?Answer: The equally likely outcomes of each roll are receiving \$6, \$5, \$4, \$3, \$2, or \$1. I think the answer is \$3.50 since you are equally likely to win more or less than the cost. That is...

• ### A die is a cube with dots on each face. The die 20 times faces have...

A die is a cube with dots on each face. The die 20 times faces have 1, 2, 3, 4, 5, or 6 dots. The table below is a computer simulation (from the software package Minitab) of the results of rolling a fair 4, 5, or 6 d RoW c1 C2 C3 C4 CS C6 C7 C8 C9 c10 (e) Assume that each number in the table corresponds to Why? the number of dots on the upward face of the...

Free Homework App