A pair of fair dice is rolled once. Suppose that you lose $9 if the dice sum to 3 and win $13 if the dice sum to 11 or 6. How much should you win or los if any other number turns up in order for the game to be fair? To keep the game fair, you should lose $ (answer) if the dice sum to any other number.
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.
19.A pair of fair dice is rolled once. Suppose that you lose $9 if the dice sum to 3 and win $13 if the dice sum to 11 or 6. How much should you win or los if any other number turns up in order for the game to be fair?
To keep the game fair, you should lose $ (answer) if the dice sum to any other number.
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