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Mathematics 9 Online
OpenStudy (x3_drummerchick):

I give medals; HELP! (Expected value) A game is played where you roll one standard 6-sided die. To play you must pay $3. If you roll a 1 or 4, you win $5, if you roll a 2 or 6, you win $1, if you roll a 3 or 5, you win nothing. What is the expected value of this game? Don't give me the answer, I wanna learn how to do it. Thanks!

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