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Undergrad Help with Expected Value: Get Answers Here!
Thanks everyone!:) My Answer: If I understand it right, since there are 3 dice, the probability that any of the numbers 1 to 6 appears after the throwing the dice is 36/216 which gets simplified to 1/6. so the probability of winning back your dollar is 1/6 and losing it would be 5/6. so...- juantamad
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- Expected value Value
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- Forum: Set Theory, Logic, Probability, Statistics