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MATLAB: An Introduction with Applications
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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Kori plays a game with a biased coin with P(Heads) = 0.63 and P(Tails) = 0.37. She plays each game by tossing the coin once. If she tosses a head, she pays $6. If she tosses a tail, she wins $10. Complete the probability distribution table. Probability Distribution Table x P(x) 10 What is your long-term expected profit per game? What is the standard deviation?
Transcribed Image Text:Kori plays a game with a biased coin with P(Heads) = 0.63 and P(Tails) = 0.37. She plays each game by tossing the coin once. If she tosses a head, she pays $6. If she tosses a tail, she wins $10. Complete the probability distribution table. Probability Distribution Table x P(x) 10 What is your long-term expected profit per game? What is the standard deviation?
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