Suppose that you roll two dice. You will be paid $5 if you roll a double. You will not receive anything for any other outcome. How much should you be willing to pay for the privilege of rolling the dice?
?
A. $0.69
B. $0.14
C. $0.28
D. $0.83
E. $5.00
Answer: D
Mathematics
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Mathematics
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? t = 57
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Mathematics