You are given 7 to 1 odds against rolling a sum of 6 with the roll or two fail dlce meaning you win $7 if you succeed and $1 if you fail. Find the expected value (to you) of the game.

Q: Suppose you roll two six sided dice and add the results together. What are the odds that you will…

A: Suppose you roll two six sided dice and add the results together   The sample space would be :…

Q: Jenny sells ‘honey tea’ to raise fund for homeless people. The probability of making a sale is,…

A: Given, Jenny sells ‘honey tea’ to raise fund for homeless people. The probability of making a sale…

Q: Find the probability of getting a 3 of a kind when playing 5 hand poker

A: We have to find out : The probability of getting a 3 of a kind when playing 5 hand poker.

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.