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Question of the Day: Common Core: High School - Statistics and Probability

An unfair four-sided die is thrown and allowed to land without interruption. The probability and payoff of each side of the die is listed in the provided table.

The game costs  to play. Given this information, should you play the game?

Yes, because over the long run the cost of playing the game is less than the expected payoff.

Yes, because over the long run the cost of playing the game is greater than the expected payoff.

No, because over the long run the cost of playing the game is less than the expected payoff.

None of these

No, because over the long run the cost of playing the game is greater than the expected payoff.

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