Suppose That You Pay $1 to Play a Game in Which

question 43

Multiple Choice

Suppose that you pay $1 to play a game in which a pair of fair dice are rolled.For each 2 that shows on a die you receive $2.To the nearest cent,your expected loss on each play is

• A) $0.67.
• B) $0.33.
• C) $0.25.
• D) $0.15.
• E) $0.07.