Thursday
March 5, 2015

Homework Help: statistics

Posted by Sarita on Monday, April 11, 2011 at 4:48pm.

A friend offers you the following game: You will roll 2 fair dice. If the sum of the two numbers obtained is 2,3,4,9,10,11,or 12 the friend will pay you $20. However, if the sum of the two numbers is 5, 6,7, or 8, you pay your friend $20. This friend points out to you that there are 7 winning numbers and 4 losing numbers. What is the expected value of this game? Is this a fair game to you?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Statistics - In a game you roll two fair dice. If the sum of the two numbers ...
Math - You and a friend roll a pair of dice. The game is over either when you ...
Math - At this year's State Fair, there was a dice rolling game. If you rolled ...
Statistics - For a math assignment we need to design a dice roll game with ...
statistic - Roll two 6-sided dice and examine their sum. a) How long will it ...
Math - Suppose you play a game in which two fair standard dice are rolled. If ...
Please can you help me (Probability) - Maria is playing a game of chance at the ...
Finite Math - Bill and Fred are betting on the outcome when two fair dice are ...
Math - You are given 9 to 1 odds against rolling a sum of 8 with the roll of two...
Math - Maria is playing a game of chance at the Hibiscus festival, costing $1 ...

Members