Suppose that you are offered the following "deal." You roll a six sided die. If you roll a 6, you win $17. If you roll a 3, 4 or 5, you win $4. Otherwise, you pay $4. Suppose that you are offered the following "deal." You roll a six sided die. If you roll a 6, you win $17. If you rolla 3, 4 or 5, you win $4. Otherwise, you pay $4.a. Complete the PDF Table. List the X values, where X is the profit, from smallest to largest. Round to 4 decimalplaces where appropriate.Probability DistributionTableXP(X)b. Find the expected profit. S| (Round to the nearest cent)c. Interpret the expected value.You will win this much if you play a game.If you play many games you will likely win on average very close to $3.50 per game.O This is the most likely amount of money you will win. d. Based on the expected value, should you play this game?O No, since the expected value is negative, you would be very likely to come home with less money if youplayed many games.O Yes, since the expected value is 0, you would be very likely to come very close to breaking even if youplayed many games, so you might as well have fun at no cost.O Yes, since the expected value is positive, you would be very likely to come home with more money if youplayed many games.O No, this is a gambling game and it is always a bad idea to gamble.Yes, because you can win $17.00 which is greater than the $4.00 that you can lose.

Name: Suppose that you are offered the following "deal." You roll a six side
Uploaded: 2024-03-20T06:38:44.000Z
Channel: Bartleby
Description: Suppose that you are offered the following "deal." You roll a six sided die. If you roll a 6, you win $17. If you roll a 3, 4 or 5, you win $4. Otherwise, you pay $4. Suppose that you are offered the following "deal." You roll a six sided die. If you