stats 1040

posted by rich

you play a game in which you win $4 if you correctly predict the numbers of spots on a fair 6-sided die and you lose $1 if you don't correctly predict the number of spots. you plan to play 100 times.

how do you set up a box model to represent your net winnings assuming you guess at random?

what is the chance that your net winnings are less than $0?

Respond to this Question

First Name

Your Answer

Similar Questions

  1. Math

    In the Doubles Game, students can win carnival tickets to spend on games and food. A player pays one ticket to roll two number cubes(six-sided dice). If the numbers match, the player wins five tickets. If a player plays this game 20 …
  2. Math

    A carnival game consists of rolling a single fair die, with the following results: you win $8 for a 6, $7 for a 5, and lose $3 for any other number. Set a probability distribution, and calculate (already did) the Expected value = .50 …
  3. Statistics and Probability

    One six-sided fair die is rolled, and one two-sided fair coin is tossed. If the coin turns up heads, then the number of spots showing on the die is the value (score) for that trial. If the coin is tails then twice the number of spots …
  4. Math

    You play a game where you win $1.00 for each dot that turns up on a fair die (has 6 sides). You pay $3.50 to play the game (and the money is not returned). Find the expected (average) winnings for this game.
  5. Probability

    Suppose that a fair die is tossed. What is the expected number of spots on the uppermost face of the die when it comes to rest?
  6. statistics

    your teacher has invented a fair dice game to play. your teacher will roll one fair eight sided die and you will roll a fair six sided die. each player rolls once and the winner is the person with the higher number. in case of a tie …
  7. data management gr.12

    A game is defined by the rules that the die is rolled and the player wins varying amounts depending on the number on the upper face according to the following table: sum 1 2 3 4 5 6 Winnings $10 $9 $8 $7 $6 $5 The cost to play the …
  8. Statistics

    A gambling game works as follows: you flip a fair coin and roll a fair six-sided die. You will be paid $2 if you roll a 6 and $1 if you get a head and an odd number of spots. Otherwise, you have to pay $2.50. a) What is the probability …
  9. Math

    A game consists of you rolling one fair 6-sided die and observing the number that appears uppermost. If you roll a 2 or a 4, then you win $10. If you roll a 6, then you win $20. If you roll any other number, then you do not win any …
  10. Math

    Shandel went to the County Fair this summer and was surprised to see a math game on the midway among the games of skill and chance. Picture of a Midway BarkerIn the game, the barker starts by thinking of a math rule or calculation. …

More Similar Questions