In a certain dice game two dice are rolled and players win if the sum of the dice is 2, 3 or 12. For a $5 bet, winning players receive $35 and get their bet back. Determine the expected value to a player of this game to the nearest cent. Outcome of rolling 2 dice
(1,1) (1,2) (1,3) (1,4) (1,5) (1,6)
(2,1) (2,2) (2,3) (2,4) (2,5) (2,6)
(3,1) (3,2) (3,3) (3,4) (3,5) (3,6)
(4,1) (4,2) (4,3) (4,4) (4,5) (4,6)
(5,1) (5,2) (5,3) (5,4) (5,5) (5,6)
(6,1) (6,2) (6,3) (6,4) (6,5) (6,6)
- $.05
- $.56
$4.44
- $5.00
$15.00