Problem
A gamble is said to be fair if each player has the same expected outcome. Suppose we play a game in which the first of two players receives $50 each time the roll of a balanced die comes up with a 1 or 6. Player 2 wins if the die shows a 2, 3, 4, or 5. For the game to be fair, how much must player 2 receive if she wins?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.