If a person rolls a pair of dice and gets a sum of 7 or 8, he wins 800. If the person gets 6 or 9, he wins 600. The cost to play the game is 100. Find the expectation of the game

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Q: If a player bets $2 find the players expectation in dollars

A:

Q: e fair?

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A: Note: Hi, thank you for the question. As per our company guideline we are supposed to answer only…

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A:

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A: From the provided information, P (Survive) = 70% = 0.70 P (Heal) = 25% = 0.25

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Q: If p represents the probability of success of a player in any game and M represents the sum of money…

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A: Solution

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Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.