At a carnival there is a booth with a dice game. Players pay $5 to roll two dice. If any of the dice show 6, the player wins $10. Score may change after teacher review. a. Let the random variable X = the player's profit in one play of this game. Create the probability model. Enter your P(X) values as fractions, #/#. X ty ty P(X) ty ty b. Find the expected value of the random variable. E (X) = $ type your answer... c. Interpret the expected value in context. type your answer... d. Find the standard deviation.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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At a carnival there is a booth with a dice
game. Players pay $5 to roll two dice. If any
of the dice show 6, the player wins $10.
Score may change after teacher review.
a. Let the random variable X = the player's
profit in one play of this game. Create the
probability model. Enter your P(X) values as
fractions, #/#.
X
P(X)
ty ty
ty ty
b. Find the expected value of the random
variable.
E (X) = $ type your answer...
c. Interpret the expected value in context.
type your answer...
d. Find the standard deviation.
SD (x) = $ type your answer...
Transcribed Image Text:At a carnival there is a booth with a dice game. Players pay $5 to roll two dice. If any of the dice show 6, the player wins $10. Score may change after teacher review. a. Let the random variable X = the player's profit in one play of this game. Create the probability model. Enter your P(X) values as fractions, #/#. X P(X) ty ty ty ty b. Find the expected value of the random variable. E (X) = $ type your answer... c. Interpret the expected value in context. type your answer... d. Find the standard deviation. SD (x) = $ type your answer...
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