Please answer P(x)on the Probability Distribution Table in section a. Suppose that you are offered the following "deal." You roll a six sided die. If you roll a 6, you win $15. Ifyou roll a 3, 4 or 5, you win $3. Otherwise, you pay $8.a. Complete the PDF Table. List the X values, where X is the profit, from smallest to largest. Round to 4decimal places where appropriate.Probability DistributionTableXP(X)-815b. Find the expected profit. $ 1.33(Round to the nearest cent)c. Interpret the expected value.O You will win this much if you play a game.O If you play many games you will likely win on average very close to $1.33 per game.This is the most likely amount of money you will win.d. Based on the expected value, should you play this game?Yes, because you can win $15.00 which is greater than the $8.00 that you can lose.Yes, since the expected value is positive, you would be very likely to come home with more money ifyou played many games.O Yes, since the expected value is 0, you would be very likely to come very close to breaking even ifyou played many games, so you might as well have fun at no cost.O No, since the expected value is negative, you would be very likely to come home with less money ifyou played many games.O No, this is a gambling game and it is always a bad idea to gamble.

Name: Please answer P(x)on the Probability Distribution Table in section a.
Uploaded: 2024-03-20T07:06:41.000Z
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Description: Please answer P(x)on the Probability Distribution Table in section a. Suppose that you are offered the following "deal." You roll a six sided die. If you roll a 6, you win $15. Ifyou roll a 3, 4 or 5, you win $3. Otherwise, you pay $8.a. Complete the