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Mathematics, 12.08.2020 04:01 coollid876
A player at a fair pays Rs. 100 to roll a dice. The player receives Rs. 50 if the number of dots facing up is equal to 5, Rs. 200 if the number is 6, but nothing otherwise. Find the expected value of the reward Y. What is the expected value of the gain? Find out the standard deviation of Y.
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A player at a fair pays Rs. 100 to roll a dice. The player receives Rs. 50 if the number of dots fac...
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