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A person gets dollars equal to the squar...

A person gets dollars equal to the square of the number which comes up when a balanced die, with faces marked 1, 2, 3, 4, 5, 6 is rolled once. If the game is repeated an indefinitely large number of times, how much money can he expect in the long run per game?

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To solve the problem, we need to calculate the expected value of the amount of money a person earns when rolling a balanced die. The amount earned is equal to the square of the number that comes up on the die. ### Step-by-Step Solution: 1. **Define the Random Variable**: Let \( X \) be the random variable representing the amount of money earned per game. The possible outcomes when rolling a die are 1, 2, 3, 4, 5, and 6. 2. **Calculate the Values of \( X \)**: The values of \( X \) based on the die roll are: - If the die shows 1, \( X = 1^2 = 1 \) - If the die shows 2, \( X = 2^2 = 4 \) - If the die shows 3, \( X = 3^2 = 9 \) - If the die shows 4, \( X = 4^2 = 16 \) - If the die shows 5, \( X = 5^2 = 25 \) - If the die shows 6, \( X = 6^2 = 36 \) Thus, the possible values of \( X \) are \( 1, 4, 9, 16, 25, 36 \). 3. **Determine the Probability of Each Outcome**: Since the die is balanced, the probability of each outcome is the same: \[ P(X = 1) = P(X = 4) = P(X = 9) = P(X = 16) = P(X = 25) = P(X = 36) = \frac{1}{6} \] 4. **Calculate the Expected Value \( E(X) \)**: The expected value \( E(X) \) is calculated using the formula: \[ E(X) = \sum (X \cdot P(X)) \] Substituting the values we have: \[ E(X) = 1 \cdot \frac{1}{6} + 4 \cdot \frac{1}{6} + 9 \cdot \frac{1}{6} + 16 \cdot \frac{1}{6} + 25 \cdot \frac{1}{6} + 36 \cdot \frac{1}{6} \] \[ E(X) = \frac{1 + 4 + 9 + 16 + 25 + 36}{6} \] 5. **Calculate the Sum**: Now, calculate the sum of the values: \[ 1 + 4 = 5 \] \[ 5 + 9 = 14 \] \[ 14 + 16 = 30 \] \[ 30 + 25 = 55 \] \[ 55 + 36 = 91 \] 6. **Final Calculation of Expected Value**: Substitute back into the expected value formula: \[ E(X) = \frac{91}{6} \approx 15.1667 \] ### Conclusion: The expected amount of money the person can expect to earn per game in the long run is approximately \( 15.17 \) dollars.
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