You have been entered in a free game where you try to guess the roll of a six-sided die. You will win $50.00 if you guess right. What is your expected payoff value? Round to the nearest cent. Question 8 options: $8.33 $25.00 $50.00 $300.00

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You have been entered in a free game where you try to guess the roll of a six-sided die. You will win $50.00 if you guess right. What is your expected payoff value? Round to the nearest cent.  Question 8 options:  $8.33  $25.00  $50.00  $300.00

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