Problem 9 of 7
Compute expected value of the simple game: roll a fair six-sided die; win $10 if you roll a 6, lose $1 if you roll any other number.
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multiply outcomes by probabilities and sum.
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Expected value is the sum of each net outcome times its probability.
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Correct
Your answer is equivalent to the expected form.
Solution
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1. List each possible net outcome.
2. Multiply each outcome by its probability.
3. Sum the products.
Use the worked steps, then substitute the final answer back into the original relationship to confirm it satisfies the prompt.
Averaging outcomes without weighting by probability.