A local community group is holding a charity carnival to build a new playground. The organizershave created a dice game that they call Slam and a card game that they call Snap. The odds againstwinning Slam are 5:2, and the odds against winning Snap are 8:3. If kids considered their odds, whichgame would you recommend they play? (Show your work.)

Here Given kIDS Have two choice slam game and snap game Here Given Odds against winning slam Game=…

Answered: A local community group is holding a…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Your friend offers to place a bet with you. He will pay you $2 if your favorite sports team wins the game on Tuesday night. But you will pay him $3 if his team wins. Your team has an 55% chance of winning, whereas his only has a 45% chance. This bet is in your favor. True or False?
A modified roulette wheel has 36slots. One slot is 0, another is 00, and the others are numbered 1 through 34, respectively. You are placing a bet that an outcome is an even number. (In roulette, 0 and 00 are neither odd nor even.) a. What are the actual odds against winning? how is this calculated? If you give the formula please use a real example not just the formula so I can see how this number is calculated. How much is the profit if you bet $20.00 on the payoff odds at 1:1. Please show how to calculate this answer- thank you
There is a game of chance called "Lightning Dice" at a charity carnival. It costs $2 to play. The player then rolls 4 dice. If the player rolls 3 or more sixes, then the player wins $30. Otherwise, the player wins nothing. How much can you expect to gain or lose if you play this game 68 times?
The game board for the television show Jeopardy is divided into 6 categories with each category containing 5 answers. In the Double Jeopardy round, there are 2 hidden "Daily Double" squares. What are the odds against choosing a "Daily Double" square on the first turn? Briefly explain your reasoning.
A technology store holds a contest to attract shoppers. works: An ace and four other cards are shuffled and placed face down on a table. The customer gets to turn over cards one at a time, looking for the ace. The person wins $100 of store credit if the ace is the first card, $50 if it is the second card, and $20, $10, or $5 if it is the third, fourth, or last card chosen. What is the average dollar amount of store credit given away in the contest? Estimate with a simulation of 10 trials. Once an hour, someone at checkout is chosen at random to play in the contest Here's how it 67819 00354 91439 91073 49258 15992 41277 75111 67496 68430 09875 08990 27656 15871 23637 00952 97818 64234 50199 05715
A friend proposes a gamble to you. You roll 2 fair, six-sided dice, and add up the results of each die to find your total number. If your roll totals a 6 or 8, your friend pays you $30. If you roll any other total, you pay your friend $10. What is your expected payoff from playing this game 100 times?.
Suppose that you and a friend are playing cards and decide to make a bet. If you draw two clubs in succession from a standard deck of 52 cards without replacing the first card, you win $⁢40. Otherwise, you pay your friend $⁢10. If the same bet was made 25 times, how much would you expect to win or lose? Round your answer to the nearest cent, if necessary. Win: Lose:
The Royals' coach stated that "the odds in favour of us winning the next game are 5:7, the odds of tying the next game are 1: 3, and the odds of losing the next game are 2:3." Can the coach's predictions be correct? Justify your answer. 口 10= acer F12 So D. Pause Sreak F9 F10 F11
A game involves drawing a single card from a standard deck. The player receives $10 for an ace, $5 for a king, and $1 for a red card that is neither an ace nor a king. Otherwise, the player receives nothing. If the cost of each draw is $2, should you play? Explain your answer mathematically.
After the quarter finals of the Rugby World cup, when offering you to bet on the winner, a friend of yours states that the odds for South Africa, new Zealand, England, Argentina, to be crowned World Champion are respectively: 5-6,5-4, 12-1, 40-1. Given these odds, who can take advantage of the other? a. You b. No one O c. Your friend
At a back-to-school party, one of your friends lets you play a two-stage game where you pay $3 to play. The game works as follows: flip a fair coin, noting the side showing, and roll a fair standard 4-sided die (numbered 1–4), noting the number showing. If the die shows a 3 and the coin shows tails, then you win $22. If the coin shows heads and the die shows an even number, then you win $9. Otherwise, you do not win anything. Let X be your net winnings. (a) Create a probability distribution for X. Enter the possible values of X in ascending order from left to right. All probabilities should be exact. X P(X) (b) Compute your expected net winnings for the game. Round your answer to the nearest cent.
Some games are played with tetrahedral dice, which have four sides and show the numbers 1, 2, 3, or 4 when thrown. If you toss three tetrahedral dice, how many outcomes are possible?

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