OCR S1 2012 June — Question 6

Exam BoardOCR
ModuleS1 (Statistics 1)
Year2012
SessionJune
TopicDiscrete Probability Distributions
TypeExpected profit or cost problem

6 A six-sided die is biased so that the probability of scoring 6 is 0.1 and the probabilities of scoring \(1,2,3,4\), and 5 are all equal. In a game at a fĂȘte, contestants pay \(\pounds 3\) to roll this die. If the score is 6 they receive \(\pounds 10\) back. If the score is 5 they receive \(\pounds 5\) back. Otherwise they receive no money back. Find the organiser's expected profit for 100 rolls of the die.