Squared payout on even faces
A fair die is rolled. If the face is even you are paid its value squared in dollars; if the face is odd you are paid its value unsquared. What is the expected payout, in dollars to four places?
Show hints (2)+
- Split the faces into even and odd; square only the evens.
- Average all six payouts: .
Answer
Reveal answer →Final answer
10.8333 (± 0.001)
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Asked at: Timed Mental-Math & Sequences, ETF Market-Making