Using R Programming: Sic Bo, also known as Big and Small, is a popular game played in casinos in Macau. The dealer picks up a box that contains 3 dice, shakes up the box, and opens the box to reveal the number on each die. If the sum is between 4 and 10, betting on small wins. If the sum is between 11 and 17, betting on big wins. The payoffs for betting on big and small are 1 to 1, meaning if you bet $10 and you win, you get your bet back plus another $10, meaning you end up with $20. And if you lose, you lose your $10. - Estimate the probabilities of winning if you bet "Big" and winning if you bet "Small." Does it appear that the casino has an edge? Suppose you bet \$1 on "Big" every time the game is played. What are your expected -

Using R Programming: Sic Bo, also known as Big and Small, is a popular game played in casinos in Macau. The dealer picks up a box that contains 3 dice, shakes up the box, and opens the box to reveal the number on each die. If the sum is between 4 and 10, betting on small wins. If the sum is between 11 and 17, betting on big wins. The payoffs for betting on big and small are 1 to 1, meaning if you bet $10 and you win, you get your bet back plus another $10, meaning you end up with $20. And if you lose, you lose your $10. - Estimate the probabilities of winning if you bet "Big" and winning if you bet "Small." Does it appear that the casino has an edge? Suppose you bet \$1 on "Big" every time the game is played. What are your expected -

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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A child rolls 7 standard dice of different colors and records the numbers showing. Find the number of different outcomes
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