Consider the Following Game in Which a Player Rolls a Single

question 130

Short Answer

Consider the following game in which a player rolls a single die. If a prime (2, 3, or 5) is rolled, the player wins $2. If a perfect square (1 or 4) is rolled, the player wins $1. However, if the player rolls a perfect number (6), it costs the player $9. Is this a good deal for the player or not?
Answer It is a good deal or It is not a good deal.

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Definitions:

Unstable

Lacking consistency, predictability, or stability; prone to sudden change or variability.

Farm Commodities

Primary agricultural products that are harvested for human consumption, livestock feed, and use in industrial applications, such as grains, cotton, and livestock.

Competing Firms

Companies that operate in the same industry and vie for the same consumer base or market share.

Food Products

Items derived from agriculture or animal farming that are intended for consumption.