You throw two five-sided dice. Let the random variable X represent the minimum value of the two dice. What would be the

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You Throw Two Five Sided Dice Let The Random Variable X Represent The Minimum Value Of The Two Dice What Would Be The 1 (9.6 KiB) Viewed 27 times

You throw two five-sided dice. Let the random variable X represent the minimum value of the two dice. What would be the maximum amount you would be willing to lose on a bet where you win $1 #X> 27 Round your answer to two decimal places (.e. -0.62 would indicate an expected winnings of negative 62 cents).