1) Consider the following gamble: A die is rolled. If an odd number turns up, we win that number of dollars. If an even
Posted: Sun Oct 03, 2021 12:42 pm
1) Consider the following gamble: A die is rolled. If an odd number turns up, we win that number of dollars. If an even number turns up, then we lose that number of dollars. What is the expected value for this gamble?