The casino game of chuck-a-luck seems quite simple and that it would be a pretty good bet. In this game, three dice are rolled (usually inside a wire cage). You can bet a set amount, let's say $5, on a specific number 1-6. You win the amount of your bet for each appearance of your number on the dice. If the number does not appear, you lose your bet. For example, let's say you bet $5 on the number 3. If it appears on exactly one die, you win $5 (and keep your bet) with probability 75/216. If it appears on exactly two dice, you win $10 (and keep your bet) with probability 15/216. If it appears on all three dice, you win $15 (and keep your bet) with probability 1/216. If it appears on none of the dice, you lose your original $5 bet. Construct the probability distribution for chuck-a-luck and determine your expected winnings on a $5 bet.

Answers

Answer 1

The expected winnings on a $5 bet are -0.1157 dollars. This means that on average, you will lose about 11.57 cents for each $5 bet you make.

Therefore, the game is not a good bet, as you are expected to lose money in the long run.

What is the probability distribution?

A probability distribution is a mathematical function that describes the probability of different possible values of a variable.

The probability of winning on a $5 bet on a specific number in chuck-a-luck is determined by the number of ways that the number can appear on the three dice and the total number of possible outcomes.

If the number appears on exactly one die, there are 3 ways that this can happen out of a total of 6^3 = 216 possible outcomes, giving a probability of 3/216 or 1/72.

If the number appears on exactly two dice, there are 3 ways to choose the two dice on which it appears, and 3 ways to choose the third die, giving a total of 33 = 9 ways out of 216 possible outcomes, giving a probability of 9/216 or 1/24.

If the number appears on all three dice, there is only 1 way this can happen out of 216 possible outcomes, giving a probability of 1/216.

If it appears on none of the dice, there are (543) ways this can happen, giving a probability of (54*3)/216 = 20/216.

We can use this information to construct the probability distribution for chuck-a-luck:

x P(x)

-5 (losing the bet) 20/216

5 (winning the bet for one appearance) 1/72

10 (winning the bet for two appearances) 1/24

15 (winning the bet for three appearances) 1/216

To find the expected winnings on a $5 bet, we can multiply the value of each outcome by its corresponding probability, and sum the results:

E(X) = (-5)(20/216) + (5)(1/72) + (10)(1/24) + (15)(1/216)

E(X) = -5/43.2 + 5/72 + 5/12 + 15/216

E(X) = -0.1157

Hence, the expected winnings on a $5 bet are -0.1157 dollars. This means that on average, you will lose about 11.57 cents for each $5 bet you make.

Therefore, the game is not a good bet, as you are expected to lose money in the long run.

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Related Questions

Encuentra dos numeros tales que el doble del mayor menos la mitad del menor exceda en 15 unidades a la quinta parte de la suma de ambos

Answers

Respuesta:

12, 13

Explicación paso a paso:

Dejar,

Número más pequeño = x

Número mayor = x + 1

Expresarse matemáticamente;

2 (x + 1) - (x / 2) = ((x + 1 + x) / 5) + 15

2x + 2 - 0.5x = 0.2 (2x +1) + 15

1.5x + 2 = 0.4x + 0.2 + 15

1.5x - 0.4x = 0.2 + 15 - 2

1,1 veces = 13,2

x = 13,2 / 1,1

x = 12

x + 1 = 12 + 1 = 13

Please help! I was also wondering if someone can list specific topics i should focus on for my algebra exam

Answers

Answer:

Solving basic equations & inequalities (one variable, linear)

Linear equations, functions, & graphs.

Sequences.

System of equations.

Two-variable inequalities.

Functions.

Step-by-step explanation:

Express in the form 1: n.
Give n as a decimal.
16 : 12

Answers

16:12 as a decimal is 1.3333 if that was what you were asking

Can u please help me...............

Answers

Please find attached the graph showing the translation transformation of the triangle ΔABC with vertices A(2, 1), B(-1, 2), and C(-2, -1) using the rule (x, y) → (x - 1, y - 3), to produce triangle ΔA'B'C' with vertices A'(1, -2), B'(-2, -1), and C'(-3, -4), created with MS Excel

What is a translation transformation?

A translation transformation is one in which the location of the points on the original figure slides by the same amount and in the same direction to form the image.

The vertices of the triangle ΔABC are; A(2, 1), B(-1, 2), and C(-2, -1)

The specified transformation is; (x, y) → (x - 1, y - 3)

Applying the specified transformation, we get;

A(2, 1) ⇒ (x, y) → (x - 1, y - 3) ⇒ A'(2 - 1, 1 - 3) = A'(1, -2)

B(-1, 2) ⇒ (x, y) → (x - 1, y - 3) ⇒ B'(-1 - 1, 2 - 3) = B'(-2, -1)

C(-2, -1) ⇒ (x, y) → (x - 1, y - 3) ⇒ C'(-2 - 1, -1 - 3) = C'(-3, -4)

The vertices of the image ΔA'B'C' of the triangle ΔABC following the transformation, (x, y) → (x - 1, y - 3) are therefore;

A'(1, -2), B'(-2, -1), C'(-3, -4)

Please find attached the graph of the triangle ΔABC and its image ΔA'B'C' after the translation (x, y) → (x - 1, y - 3), created with MS Excel

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Edward works at a grocery store. He kept track of the number of coupons redeemed by the last 20 shoppers. The center of the dot plot was 1. No one redeemed 4 coupons. Most people did not redeem any coupons. Which dot plot displays this information correctly?

Answers

Therefore , the solution to the given problem of scatter plot comes out to be the data correctly represented as 0 has 8 dots, 1 has 3 dots, 2 has 3 dots, 3 has 5 dots, 4 has 0 dots, and 5 has 1 dot

Why a scatter plot is used ?

Several dots are arranged along a vertical and horizontal axis to form a scatter plot. Because they can demonstrate the strength of the relationship, if any, between the two observed quantities or occurrences, scatter plots are crucial in statistics (called variables).

Here,

Given :  the number of coupons redeemed by the last 20 shoppers

and

center dot plot is 1

thus,

No one redeemed  each 4 coupons

So, In order to find the which plot displays data correctly

We get,

0 has 8 dots, 1 has 3 dots, 2 has 3 dots, 3 has 5 dots, 4 has 0 dots, and 5 has 1 dot

which represents the data correctly

Therefore , the solution to the given problem of scatter plot comes out to be the data correctly represented as 0 has 8 dots, 1 has 3 dots, 2 has 3 dots, 3 has 5 dots, 4 has 0 dots, and 5 has 1 dot

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What is the value of v?

Answers

Answer: v = 100

Step-by-step explanation:

v+15 = v-37 + v-48

v + 15 = 2v - 85

85 + 15 = 2v - v

100 = v

Why is commutative property of addition important?

Answers

When adding multi-digit numbers, it's a good idea to employ the commutative property. However, counting up becomes simpler if pupils are aware that they can change the order of the addends and begin adding with the larger number FIRST.

What does the addition's commutative property mean?

According to the commutative property of addition, the sum is unaffected by changes in the order of the numbers being added. The commutative property of addition can be defined as the fact that adding two integers in any sequence results in the same result. Here, a and b may be fractions, decimals, whole numbers, or even integers.

For instance, 1+2=2+1 and 2x3=3x2.

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A monument outside city hall has dimensions as shown in the figure below. If one gallon of paint can cover 202 ft^2 , how many gallons of paint must be bought in order to paint the monument? Assume that the base of the monument cannot be painted and that paint can be bought only by the gallon.

Answers

Answer:

10 gallons

Step-by-step explanation:

Area of one rectanglular side

10 * 44 = 440

Area of trangular one triangular "roof"

(1/2)10 * 9 = 45

Total area = 4(440 + 45) = 1,940

---------------------------

Paint needed

1940 / 202 = 9.6

10 gallons

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Write the terms in standard form. Then state the degree of the polynomial and the leading coefficient (LC).

Answers

The degree of polynomial is 2 and leading coefficient is 3.

What are polynomial?

A polynomial is a mathematical expression made up of one or more terms. The phrases "poly" and "nominal," for example, are whence the name "polynomial" arose. The words "poly" and "nominal" both signify many. A polynomial is an algebraic expression with two or more algebraic terms, to put it simply. It has exponents, operators, coefficients, coefficients, variables, and constants.

Given polynomials 9, 3x², 8x

standard form of polynomial;  The value of the largest exponent in a polynomial is known as its degree. However, it differs between a polynomial with just one variable and one with multiple variables. The degree of a polynomial for a single variable is equal to the variable's highest power in the polynomial.

the standard form is 3x², 8x, 9

degree of polynomial is 2.

and leading coefficient is the constant term followed by the variables with highest power,

LC = 3.

Hence degree = 2 and leading coefficient = 3.

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Suppose you want to save $5000 to put towards remodeling your house in 18 months. You found a bank whose interest rate for savings accounts is 4.5% compounded monthly, but you are unsure of how much to invest to have $5000 saved in 18 months.

Using the compound interest formula, how much should you invest in order to have $5000 saved in 18 months?

Answers

The required money to be invested in order to save $5000 is $4677.26.

What is compound interest?

The compound interest is a form of interest where the rate of interest is applied on the amount obtained after every interval of time.

The principal for each interval is the sum of interest And the principal for the previous interval.

Suppose the amount to be invested be P.

The rate of interest for monthly compounding is given as 4.5/12 = 0.375%.

Time is given as 18 months.

This implies number of time period is 18.

Plug n = 18, r = 0.375% and A = 5000 in A = P(1 + r/100)ⁿ as,

⇒ 5000 = P(1 + 0.375/100)¹⁸

⇒ P = 4677.26

Hence, the amount of money that should be invested is obtained as $4677.26.

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Type in the missing values to complete the simplified form of the expression 4x-4+3y+ 6-2x+3y.

__ x +__ y + __

Answers

Answer:

2x+6y+2

Step-by-step explanation:

The answer is 2x+6y+2
I can help you with all ur work (813) 819-5978

how to find pattern and equation of y = 3x + 7

Answers

Answer:

Use desmos.

Step-by-step explanation:

In the image attached, I graphed the linear function on a graphing calculator. B=7 and the slope is 3.

Solve 345°=
Please help me ASAP
the due date of my assignment is tomorrow

Answers

The answer to ur question is 1

A television is on sale for $75 off.
The price of the television with the sale is $300.

If you use the equation −75=300 to solve this problem, what does n represent?

Answers

In this equation, n represents the original price of the television before the sale.

What is equation?

Equation is a mathematical statement that expresses the equality of two expressions by using numbers, symbols, and operations. It is used to describe the relationship between different variables in a problem. Equations are usually written as a statement of equality, such as 2 + 2 = 4, where the left side of the equation (2 + 2) is equal to the right side (4). Equations can be used to solve for a single unknown value, or to determine the relationship between multiple variables.

In this equation, n represents the original price of the television before the sale.

This means that the original price of the television was $375.

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please help me with math!!!

Answers

Answer:

Step-by-step explanation:

To move all the constants to the right side: Subtract 0.4 from both sides

-9x = 3.6

To isolate the variable: Divide both sides of equation by -9

x = -3.6/9

Solution of the equation: -0.4

Find the equation of the line

Answers

Answer:

y = 10x +

the picture is cut short so I can't help with the next box.

Y = 10x +

Explanation: because I know

A coin with probability p of showing up heads is tossed n times. What is the probability that the number of heads is odd

Answers

The chance you get a odd number of heads from the first coin is 1/3,

What is the probability that the number of heads is odd? The tosses of the coin are independent (neither affects the other). Hence, the probability of a head on Flip 1 and a head on Flip 2 is the product of P(H) and P(H), which is 1/2 x 1/2 = 1/4. The same calculation applies to the probability of a head on Flip 1 and a tail on Flip 2For n≥3, if the last outcome is T, then the probability that the first (n−1)tosses do not contain two (or more consecutive heads is p n−1  and if the last outcome is H, then (n−1)th outcome must be T and the probability the first(n−2) tosses do not contain two (or more) consecutive heads is p n−2 . Hence, p n =p n−1 ×P (nth toss results in a tail)+p n−2 ×P (nth toss results in a head and (n−1)th toss results in a tail)=(1−p)p n−1+p(1−p)p n−2

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Somebody please help

Answers

Answer:

22 in OR B

Step-by-step explanation:

Hello can someone please help me with this please What is the best possible geometric model for a set of rail tracks?

Ray ----Point ---- Line --- Plane

Fine the measure of an angle that is supplement to ABC if m < ABC is 82?

100 ---- 8---------278------

Fine the measure of an angle that is complementary to ABC is 32?

328------148------58------32

The intersection of two lines is a ?
Quadrilateral--------Point--------Line--------Plane

Answers

The best possible geometric model for a set of rail tracks is given as follows: Plane.The measure of the angle that is the supplement to ABC = 82º is given as follows: 98º.The measure of the angle that is the complementary to ABC is given as follows: 32º.The intersection of two lines is a point.

How to model the rail tracks?

A rail track is composed by multiple lines, however all the lines are in the same plane, hence a plane is the best geometric model for the rail track.

How to obtain the supplement of an angle?

Two angles are supplementary if the sum of their measures is of 180º, hence the supplement of an angle is obtained subtracting 180º by the angle measure.

This means that the supplement of ABC = 82º is given as follows:

180º - 82º = 98º.

How to obtain the complement of an angle?

Two angles are complementary if the sum of their measures is of 90º, hence the complement of an angle is obtained subtracting 90º by the angle measure.

This means that the supplement of ABC = 90º is given as follows:

90º - 32º = 58º.

Where do two lines intersect?

Two lines intersect at a single point, which is the solution to the system of equations involving the two lines.

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these ar the numbers and i need the ratio

thank you!
help me please its due tomorrow !!!!!!!!!!
help please
ill get in trouble!!!!

Answers

Answer:

1:3

Step-by-step explanation:

yeeeeeeeeeeeeeeeeeeee help

Answers

Answer:

x = 52

Step-by-step explanation:

180 - 72 = 108

108 + 20 + x = 180

128 + x = 180

180 - 128 = x

x = 52

Have a nice day!

A high school has a population of 2,035 students and is increasing by 3% each year.
Write an exponential function to model the student population in terms of the number of years from now.


Predict the number of students that will be in the school after five years. Show all of your work.

Answers

The student population in the school can be modeled using an exponential function of the form:

P(t) = 2,035 * 1.03^t

where P(t) is the student population t years from now, and 1.03 is the factor by which the population increases each year.

To predict the number of students in the school after five years, we can substitute t = 5 into the function:

P(5) = 2,035 * 1.03^5

= 2,035 * 1.1895

= 2,408.76

Thus, there will be approximately 2,408.76 students in the school after five years.

480 over 840 turning it into the lowest term​

Answers

Answer:

The fraction 480/840 can be reduced to its lowest terms by dividing the numerator and denominator of the fraction by their greatest (highest) common factor (divisor), gcf (hcf, gcd). This results in a reduced fraction of 4/7.

Step-by-step explanation:

12. Find T in the diagram, if R = 110° and S = 60°.

Answers

Answer:

∠T = 130°

Step-by-step explanation:

The figure we are given is a quadrilateral, a 4 sided shape.

There are many different types of quadrilaterals, such as a rhombus, rectangle, etc.

How will we know which quadrilateral the given figure is?

We will have to look at the given properties of the figure to find out.

We are given that there are two adjacent pairs of congruent sides.

RS = RU, and ST = UT.

Thus, the given quadrilateral is a kite.

Now that we know that the given figure is a kite, we can utilize a kite's angle properties to find out ∠T.

In a kite, the non-vertex angles (∠S and ∠U) are congruent.

If ∠S = 60°, then ∠U = 60°.

In a kite, the sum of the interior angles is 360°.

Hence:

∠R + ∠S + ∠T + ∠U = 360°

Therefore, we can substitute the angles we know into the equation and solve for ∠T.

∠R + ∠S + ∠T + ∠U = 360°

110 + 60 + ∠T + 60 = 360

110 + 120 + ∠T = 360

230 + ∠T = 360

∴ ∠T = 130°

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make a 10 by 10 grid and show a model of 52%

Answers

Answer:

Step-by-step explanation:

52% would be 100% - 48%.  If you do make a 10 by 10 grid, you would shade half the grid (e. g., share the lower 5 rows of 10 squares each) PLUS shade 2 more white squares, for a total of 52 shaded squares.

what does ANGLE G EQUAL

Answers

70 because 180-110=70 sorry if it’s not correct

A salesperson at a jewelry store earns ​9% commission each week. Last​ week, sold $750
worth of jewelry. How much did make in​ commission? How much did the jewelry store make from ​sales?

Answers

The amount made in commission is $67.5.

The amount made in sales by the store is $682.5.

What is a percentage?

The percentage is calculated by dividing the required value by the total value and multiplying by 100.

Example:

Required percentage value = a

total value = b

Percentage = a/b x 100

Example:

50% = 50/100 = 1/2

25% = 25/100 = 1/4

20% = 20/100 = 1/5

10% = 10/100 = 1/10

We have,

Amount sold last week = $750.

Commission = 9%

The amount of commission.

= 9/100 x 750

= $67.5

The sales made last week by the store.

= 750 - 67.5

= $682.5

Thus,

$67.5 was made in commission.

$682.5 was made from sales.

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In the similar triangles below, what is the length of ? 8 cm 4 cm 2 cm 16 cm plz help quick T-T

Answers

Answer:

4 cm

Step-by-step explanation:

Because the have the same scale if you multiply all sides by one number they should be equal. 20/5=4

Answer:

Short answer 4cm

Step-by-step explanation:

Long answer I did the quiz and got It correct so yeah.

A bag contains 9 red marbles, 4 blue marbles, and 7 yellow marbles. You randomly select three marbles from the bag. a. What is the probability that all three marbles are red when you replace each marble before selecting the next marble? Round your answer to the nearest tenth. about % b. What is the probability that all three marbles are red when you do not replace each marble before selecting the next marble? Round your answer to the nearest tenth. about %

Answers

Answer:

A) 9.1%

B) 7.4%

Step-by-step explanation:

Part A

Because you are replacing each marble before selecting the next, the probability of choosing one red marble remains the same, so choosing 3 red marbles with replacement would mean the probability gets multiplied by itself 3 times:

[tex]\displaystyle P(\text{Red+Replace})=\biggr(\frac{9}{20}\biggr)^3=\frac{9}{20}*\frac{9}{20}*\frac{9}{20}=\frac{729}{8000}\approx9.1\%[/tex]

Part B

[tex]\displaystyle P(\text{Red+No Replace})=\frac{C(9,3)C(4,0)C(7,0)}{C(20,3)}=\frac{\frac{9!}{3!(9-3)!}}{\frac{20!}{3!(20-3)!}}=\frac{\frac{9*8*7}{3*2*1}}{\frac{20*19*18}{3*2*1}}=\frac{9*8*7}{20*19*18}=\frac{7}{95}\approx7.4\%[/tex]This can also be calculated with [tex]\frac{P(9,3)}{P(20,3)}[/tex] because the order does matter in which you pick the 3 red marbles with no replacement.

Answer:

9.1%

7.4%

Step-by-step explanation:

Can somebody help me solve this equation? Thanks.

Answers

Answer:

15w^2

Step-by-step explanation:

The reason being is note how it says portrait, so assume the shape of a square, because it says 3 inches on all sides, and it also mentioned 1.5 times w, so in turn, 15w^2

Refer to the attached image.

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