me, the gamer wins 20 dollars if he gets the number "6" facing up in rolling a fair die; he needs to pay c dollars otherwise. The gamer decided to continue playing the game until he wins three times. If the expected gain of the gamer is 0 dollars, what is the value of c? [This question seems to be a negative binomial distribution question]
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.
In a game, the gamer wins 20 dollars if he gets the number "6" facing up in rolling a fair die; he needs to pay c dollars otherwise. The gamer decided to continue playing the game until he wins three times. If the expected gain of the gamer is 0 dollars, what is the value of c? [This question seems to be a negative binomial distribution question]
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