Mathematics, 29.11.2021 08:20 caro74
Suppose someone gives you 13 to 4 odds that you cannot roll two even numbers with the roll of two fair dice. This means you win $13 if you succeed and you lose $4 if you fail. What is the expected value of this game to you? Should you expect to win or lose the expected value in the first game? What can you expect if you play 200 times? Explain. (The table will be helpful in finding the required probabilities.)
Answers: 1
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Suppose someone gives you 13 to 4 odds that you cannot roll two even numbers with the roll of two fa...
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