Kelley Mitchell
12/12/2023 · High School

\( 1 \leftarrow \) A game is played using one die. If the die is rolled and shows 3 , the player wins \( \$ 40 \). If the die shows any number other than 3 , the player wins nothing. Complete parts (a) through (b) below. a. If there is a charge of \( \$ 8 \) to play the game, what is the game's expected value? \( \$ \) (Round to the nearest cent.)

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The game's expected value is approximately \( -\$1.33 \).

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