MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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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 $18. If you roll a 4 or 5, you win $4. Otherwise, you pay $5.
a. Complete the
X | P(X) |
---|---|
b. Find the expected profit. $ (Round to the nearest cent)
c. Interpret the
- This is the most likely amount of money you will win.
- If you play many games you will likely win on average very close to $1.83 per game.
- You will win this much if you play a game.
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