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Consider a game where the player tosses a sixsided fair die. If the face that comes up is 6, the player wins Rs 36, otherwise he loses Rs k2, where k is the face that comes up k = {1, 2, 3, 4, 5}. The expected amount to win at this game in Rs is …(a) 19/6(b) -(19/6)(c) (3/2)(d) -(3/2) |
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Answer» (b) -(19/6) Expected amount to win = 1 - (25/6) = -(19/6) |
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