Link to the classroom item I am referring to: https://www.coursera.org/learn/machine-learning-probability-and-statistics/lecture/6uZiQ/expected-value-of-a-function
Description:
I think I’m missing something really simple here. Can anyone explain me how the wins are calculated here in the second example of the video? If a person in paying 5$ to start playing and then receives 2 times the value of the dice, then doesn’t it has to be the following?
- Roll: 1 → (2 · 1) - 5 = -3
- Roll: 2 → (2 · 2) - 5 = -1
- Roll: 3 → (2 · 3) - 5 = 1
- Roll: 4 → (2 · 4) - 5 = 3
- Roll: 5 → (2 · 5) - 5 = 5
- Roll: 6 → (2 · 6) - 5 = 7
So then the expected value of the example function is: 2