You pay $3.50 to play the following game: Each of two fair dice are numbered with 3 on one side, a 2 on two sides, and a 1 on three sides. The dice are rolled once and you are returned the dollar amount corresponding to the sum on the faces. What is the expected earning from the game?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
You pay $3.50 to play the following game:
Each of two fair dice are numbered with 3 on one side, a 2 on two sides, and a 1 on three sides.
The dice are rolled once and you are returned the dollar amount corresponding to the sum on the
faces. What is the expected earning from the game?
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