Mathematics, 23.04.2021 07:40 krojas015
You roll a die, winning nothing if the number of spots is odd, $1 for a 2 or a 4, and $9 for a 6.
Round your answers to 3 decimal places.
(a) Find the expected value and standard deviation of your prospective winnings. The expected value is _ , the standard deviation is _.
b) You play twice. Find the mean of your total winnings.
The mean is:
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You roll a die, winning nothing if the number of spots is odd, $1 for a 2 or a 4, and $9 for a 6....
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