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Suppose that you are offered the following "deal." You roll a six-sided die. If you roll a 6, you win $20. If you roll a 4 or 5, you win $3. Otherwise, you pay $5. Complete the Probability Distribution table shown below. Let X represent your profit and list the X values from smallest to largest. Round to 4 decimal places where appropriate. Probability Distribution Table P(x) x P(x) -5 The expected profit is $ (round to nearest hundredth)

Suppose that you are offered the following "deal." You roll a six-sided die. If you roll a 6, you win $20. If you roll a 4 or 5, you win $3. Otherwise, you pay $5. Complete the Probability Distribution table shown below. Let X represent your profit and list the X values from smallest to largest. Round to 4 decimal places where appropriate. Probability Distribution Table P(x) x P(x) -5 The expected profit is $ (round to nearest hundredth)

Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter14: Counting And Probability
Section14.3: Binomial Probability
Problem 33E
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Suppose that you are offered the following "deal." You roll a six-sided die. If you roll a 6, you win $20. If you roll a 4 or 5, you win $3. Otherwise, you pay $5. Complete the Probability Distribution table shown below. Let X represent your profit and list the X values from smallest to largest. Round to 4 decimal places where appropriate. Probability Distribution Table P(x) x P(x) -5 The expected profit is $ (round to nearest hundredth)
Transcribed Image Text:Suppose that you are offered the following "deal." You roll a six-sided die. If you roll a 6, you win $20. If you roll a 4 or 5, you win $3. Otherwise, you pay $5. Complete the Probability Distribution table shown below. Let X represent your profit and list the X values from smallest to largest. Round to 4 decimal places where appropriate. Probability Distribution Table P(x) x P(x) -5 The expected profit is $ (round to nearest hundredth)
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