Mathematics, 19.07.2019 15:00 ianukog2481
In a game, a die is thrown and has the following probability distribution. the game is free to play. the payoff for some of the values was randomly generated: outcome 1 2 3 4 5 6 probability 1 6 1 6 1 6 1 6 1 6 1 6 payoff $3 $5 -$10 $11 $3 ? what would the payoff of the outcome of 6 have to be for this to be a fair distribution? (hint: expected value = $0
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In a game, a die is thrown and has the following probability distribution. the game is free to play....
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