Mathematics, 10.06.2021 17:50 1846252
Double Dice is a game in which two dice are rolled. A player wins the game if a certain sum is rolled. A player wins $7.00 if he rolls a sum of 5 or 6 and $20.00 if he rolls a sum of 2 or 3. He wins nothing if any other sum is rolled.
A. Define the random variable, X.
B. Write out the probability distribution function for the game.
C. What is the expected value of the game?
D. Assuming you have to pay $6.00 to play the game, explain what happens in the long run. (Is it a good idea to play the game?)
Answers: 3
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