Number of possible outcomes for rolling three dice is P(even) = P(3,5,15,or 17) = P(7,9,11,or 13) =

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter6: Ratio, Proportion, And Probability
Section6.8: The Multiplication Principle
Problem 18E
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You play a dice game rolling three dice and summing the roll. It cost $ 2.00 to roll the dice.
If you roll an even number you get to roll again
If you roll a 3,5,15,or 17 you win $ 8.00
If you roll a 7,9,11,or 13 you lose your$ 2.00
let X = the payout of the dice game (there are three outcomes to the dice game)
Number of possible outcomes for rolling three dice is
P(even) =
P(3,5,15,or 17) =
P(7,9,11,or 13) =
x=payout P(x)
x· P(x)
(x-μ)². P(x)
Push $0.00
Win $ 8.00
lose $ 2.00
sums
What is the average long term winnings?
What is the long term standard deviation of winning?
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Transcribed Image Text:You play a dice game rolling three dice and summing the roll. It cost $ 2.00 to roll the dice. If you roll an even number you get to roll again If you roll a 3,5,15,or 17 you win $ 8.00 If you roll a 7,9,11,or 13 you lose your$ 2.00 let X = the payout of the dice game (there are three outcomes to the dice game) Number of possible outcomes for rolling three dice is P(even) = P(3,5,15,or 17) = P(7,9,11,or 13) = x=payout P(x) x· P(x) (x-μ)². P(x) Push $0.00 Win $ 8.00 lose $ 2.00 sums What is the average long term winnings? What is the long term standard deviation of winning? Submit Question acer
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