, 0/1.11 points l Previous 1/6 Submissions Used A spinner game has a wheel with

Question

, 0/1.11 points l Previous 1/6 Submissions Used A spinner game has a wheel with the numbers 1 through 13 marked in equally spaced slots. You pay $1 to play the game. You pick a number from 1 to 13. If the spinner lands on your number, you win $8. Otherwise, you win nothing. Find the expected net winnings for this game. (Round your answer to two decimal places.) 7.. 1.11 points 0/6 Submissions used A game costs $2 to play. A fair 5-sided die is rolled. If you roll an even number, you win an amount of money equal to the number 4 6

Explanation / Answer

Cost of playing = $1

Probability that our number will come = 1/13

Expected earning = 8* 1/13 - 1

So, Net earning = - $0.38

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