Answered

At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Get quick and reliable answers to your questions from a dedicated community of professionals on our platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

You play a game in which two dice are rolled. If a sum of 7 appears, you win ten dollars; otherwise, you lose two. If you intend to play this game for a long time, should you expect to make money, lose money, or come out about even? Explain.

Sagot :

Answer:

Come out even

Step-by-step explanation:

The total numbers of faces in rolling two dice = 6 X 6 = 36

The sum of appears in the following cases: {6, 1}, {1, 6}, {2, 5}, {5, 2}, (3, 4}, {4, 3}. Making a total of 6 cases

Probability of obtaining a sum of 7 = possible number of cases where the sum of 7 appears ÷ total number of outcome

= 6/36 = 1/6

Probability of not obtaining a sum of 7 = 1 - Probability of obtaining a sum of 7

= 1 - 1/6

= 5/6

Expected Value: (1/6)10 + (5/6)(-2) = (10-10)/6 = 0

So the answer is come out even

                       

Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.