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)
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
Problem 41CT: On a game show, a contestant is given the digits 3, 4, and 5 to arrange in the proper order to form...
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