Oh, what a game! Things to do: Device a game of chance using a fair die with corresponding winnings and losses. For example, in rolling a die you may assign even outcomes as winning outcomes and the odd outcomes as the losses or think of your own plan. Let X the amount to be won by a player or the amount he will lose when he plays your game. Compute for the mean or the average amount a player may win or lose, the variance and the standard deviation, and interpret the results. Don't forget that each face of a die has a probability of - Be prepared to describe your game and demonstrate it in our class next meeting or you may prepare a video of your demonstration to be submitted online.
Oh, what a game! Things to do: Device a game of chance using a fair die with corresponding winnings and losses. For example, in rolling a die you may assign even outcomes as winning outcomes and the odd outcomes as the losses or think of your own plan. Let X the amount to be won by a player or the amount he will lose when he plays your game. Compute for the mean or the average amount a player may win or lose, the variance and the standard deviation, and interpret the results. Don't forget that each face of a die has a probability of - Be prepared to describe your game and demonstrate it in our class next meeting or you may prepare a video of your demonstration to be submitted online.
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 4SE: What is the difference between events and outcomes? Give an example of both using the sample space...
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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.
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Transcribed Image Text:What I Can do
Oh, what a game!
Things to do:
Device a game of chance using a fair die with corresponding winnings and losses.
For example, in rolling a die you may assign even outcomes as winning outcomes
and the odd outcomes as the losses or think of your own plan. Let X the amount to
be won by a player or the amount he will lose when he plays your game. Compute
for the mean or the average amount a player may win or lose, the variance and the
standard deviation, and interpret the results. Don't forget that each face of a die has
a probability of Be prepared to describe your game and demonstrate it in our
class next meeting or you may prepare a video of your demonstration to be
submitted online.
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