You have been offered the chance to play a dice game in which you will receive $R s . 20 / -$ each time if the total of the points on the two dice is $6$ if it costs you $R s . 2.50$ per toss to participate should you play or not say yes or no.

Yes

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Ambiguous

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Cannot be determined

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Solution

The correct option is A Yes
$(1, 5) (5, 1) (2, 4) (4, 2) (3, 3)$
P(getting total $6$ ) $= 5 / 36$
Net gain $= 5 / 36 * 20 - 2.5 = 0.277$
Since his net gain is positive, therefore he should play.

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You have been offered the chance to play a dice game in which you will receive Rs.20/− each time if the total of the points on the two dice is 6 if it costs you Rs.2.50 per toss to participate should you play or not say yes or no.

The correct option is A Yes(1,5)(5,1)(2,4)(4,2)(3,3)P(getting total 6)=5/36Net gain =5/36∗20−2.5=0.277Since his net gain is positive, therefore he should play.

You have been offered the chance to play a dice game in which you will receive $R s . 20 / -$ each time if the total of the points on the two dice is $6$ if it costs you $R s . 2.50$ per toss to participate should you play or not say yes or no.

The correct option is A Yes
$(1, 5) (5, 1) (2, 4) (4, 2) (3, 3)$
P(getting total $6$ ) $= 5 / 36$
Net gain $= 5 / 36 * 20 - 2.5 = 0.277$
Since his net gain is positive, therefore he should play.