document.write( "Question 586452: Three unbiased 6 sided dice would be rolled at the same time. Each die had a W stamped on 3 sides and 3 sides that were plain. It would cost $1.00 to play and a player would receive $0.50 for each W they get.
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document.write( "A. What is the sample space for possible outcomes?
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document.write( "B. What is the expected value (how much would you expect to win or lose on average? \n" );
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Algebra.Com's Answer #373760 by stanbon(75887) ![]() You can put this solution on YOUR website! Three unbiased 6 sided dice would be rolled at the same time. Each die had a W stamped on 3 sides and 3 sides that were plain. It would cost $1.00 to play and a player would receive $0.50 for each W they get. \n" ); document.write( "A. What is the sample space for possible outcomes? \n" ); document.write( "www ; wwb ; wbw ; bww ; bbw ;bwb ; wbb ; bbb \n" ); document.write( "---------------------------- \n" ); document.write( "B. What is the expected value (how much would you expect to win or lose on average? \n" ); document.write( "Random number of \"w's\": 0 ,1 , 2 , 3 \n" ); document.write( "Corresponding probabilities: 1/8 ; 3/8 ;3/8 ; 1/8 \n" ); document.write( "Random gain to the player: \n" ); document.write( "-100 for 0 w's) ; -50 for 1 w; 0 for 2 w's ; 50 for 3 w's \n" ); document.write( "---- \n" ); document.write( "E(x) = (1/8)(-100) + (3/8)*-50 + (3/8)*0 : (1/8)*50 \n" ); document.write( "--- \n" ); document.write( "= -100/8 - 150/8 + 0 + 50/8 \n" ); document.write( "--- \n" ); document.write( "= -200/8 \n" ); document.write( "--- \n" ); document.write( "= -25 cents \n" ); document.write( "=============================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "============= \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |