3. Use Monte Carlo simulation to simulate the sum of 100 rolls of a pair of fair dice.
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- If you played the game in Exercise 1 many times, then you would expect your average payoff per game lo be about $ ____________.Answer the following questions. 3. When given two separate events, how do we know whether to apply the Addition Principle or the Multiplication Principle when calculating possible outcomes? What conjunctions may help to determine which operations to use?
