Helene Claimed That the Expected Value When Rolling a Fair

question 37

Essay

Helene claimed that the expected value when rolling a fair die was 3.5. Steve said that wasn't possible. He said that the expected value was the most likely value in a single roll of
the die, and since it wasn't possible for a die to turn up with a value of 3.5, the expected value
couldn't possibly be 3.5. Who is right?

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Definitions:

Pay For Performance

A compensation strategy where employees are rewarded based on their performance and contributions to the organization.

Nonmonetary Rewards

Incentives or benefits given to employees that do not involve direct financial compensation, such as recognition or growth opportunities.

Eliminate

To completely remove or get rid of something, often used in the context of removing inefficiencies or redundancies in a system.

Base Pay

The initial rate of compensation that an employee receives, not including bonuses, benefits, or other forms of additional compensation.