Occurence Frequency 1 0 Three Prize Roll You have 1018 points. 2 0 3 4 5 6 Play Again? You win 28 points 1. Play the Three Prize Roll in the Games Fair. 1. In this game, you win 10 points if you roll a two, 20 points if you roll a four and 28 points if you roll a six. The cost to play the game is 10 points. 2. Create the probability distribution chart for the four outcomes (0, 10, 20, 28) and a bar graph 1. by hand 2. by using Google sheets using the example from the lesson. 3. Calculate the expected value using the chart ( probability distribution table). 4. What, on average, do you expect to win each time? 5. Would you play this game? 6. Share your graph and chart in your assignment by taking a screen capture of the spreadsheet where you created it. 2. Create your own simple Games Fair game. 1. The game must have a non uniform probability distribution and four or more outcomes. 2. Clearly describe the rules of the game and the points associated with each outcome. 3. Create the points based on an expected value that will allow the game to profit. 4. Create the probability distribution chart for the four outcomes and a bar graph 1. by hand 2. by using Google sheets using the example from the lesson. 5. Calculate the expected value using the chart. 6. What, on average, do you expect to profit each time? 7. Is it a fair game? Explain 8. Share your graph and chart in your assignment by taking a screen capture of the spreadsheet where you created it. 3 Submit you

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.5: Interpreting Data
Problem 5E
icon
Related questions
Question

help on this, results given

Occurence Frequency
1
0
Three Prize Roll
You have 1018 points.
2
0
3
4
5
6
Play Again?
You win
28 points
Transcribed Image Text:Occurence Frequency 1 0 Three Prize Roll You have 1018 points. 2 0 3 4 5 6 Play Again? You win 28 points
1. Play the Three Prize Roll in the Games Fair.
1. In this game, you win 10 points if you roll a two, 20 points if you roll a four and 28 points if you roll a six. The cost to play the
game is 10 points.
2. Create the probability distribution chart for the four outcomes (0, 10, 20, 28) and a bar graph
1. by hand
2. by using Google sheets using the example from the lesson.
3. Calculate the expected value using the chart ( probability distribution table).
4. What, on average, do you expect to win each time?
5. Would you play this game?
6. Share your graph and chart in your assignment by taking a screen capture of the spreadsheet where you created it.
2. Create your own simple Games Fair game.
1. The game must have a non uniform probability distribution and four or more outcomes.
2. Clearly describe the rules of the game and the points associated with each outcome.
3. Create the points based on an expected value that will allow the game to profit.
4. Create the probability distribution chart for the four outcomes and a bar graph
1. by hand
2. by using Google sheets using the example from the lesson.
5. Calculate the expected value using the chart.
6. What, on average, do you expect to profit each time?
7. Is it a fair game? Explain
8. Share your graph and chart in your assignment by taking a screen capture of the spreadsheet where you created it.
3 Submit you
Transcribed Image Text:1. Play the Three Prize Roll in the Games Fair. 1. In this game, you win 10 points if you roll a two, 20 points if you roll a four and 28 points if you roll a six. The cost to play the game is 10 points. 2. Create the probability distribution chart for the four outcomes (0, 10, 20, 28) and a bar graph 1. by hand 2. by using Google sheets using the example from the lesson. 3. Calculate the expected value using the chart ( probability distribution table). 4. What, on average, do you expect to win each time? 5. Would you play this game? 6. Share your graph and chart in your assignment by taking a screen capture of the spreadsheet where you created it. 2. Create your own simple Games Fair game. 1. The game must have a non uniform probability distribution and four or more outcomes. 2. Clearly describe the rules of the game and the points associated with each outcome. 3. Create the points based on an expected value that will allow the game to profit. 4. Create the probability distribution chart for the four outcomes and a bar graph 1. by hand 2. by using Google sheets using the example from the lesson. 5. Calculate the expected value using the chart. 6. What, on average, do you expect to profit each time? 7. Is it a fair game? Explain 8. Share your graph and chart in your assignment by taking a screen capture of the spreadsheet where you created it. 3 Submit you
Expert Solution
steps

Step by step

Solved in 2 steps with 4 images

Blurred answer
Similar questions
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt