Roll a fair die once. If spot 5 or 6 are observed, you win 2 dollars. If spot 3 or 4 are observed, you win nothing, and if spot 1 or 2 are observed, you loss 2 dollars. Let X be the profit (or loss) of playing the game. Find the expected value of X. a. 0 DOLLARS. b. 2 DOLLARS. c. 1 DOLLARS. d. -1 DOLLARS. e. -2 DOLLAR
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.
Roll a fair die once. If spot 5 or 6 are observed, you win 2 dollars. If spot 3 or 4 are observed, you win nothing, and if spot 1 or 2 are observed, you loss 2 dollars. Let X be the profit (or loss) of playing the game. Find the
a. 0 DOLLARS. b. 2 DOLLARS. c. 1 DOLLARS. d. -1 DOLLARS. e. -2 DOLLARS.
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