Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Use Excel fined the probability value for the given data.

Dice Probabilities

A common dice game called craps is played in several variations, resulting in an infinitely large probability tree. To see some of the results associated with large probability tree. To see some of the results associated with large probability trees, consider the following single die game, similar to creaps, that we will call scraps.

A player rolls a single die, if the player rolls 2 or 6, he wins. If the player rolls a 1 he loses. With any other result the player rolls again. If his second roll matches his first roll, he wins. If he 2nd roll is 1, 2 or 6, he loses. If the player does not win or lose on his second roll he continues to roll, using the same criteria given for the second roll.

i.e. 6 wins
3 4 6 loses
1 loses
3 5 2 loses
3 5 4 3 wins
3 3 wins
2 wins
5 3 3 3 3 4 5 wins

Play 100 games of scraps and empirically determine an estimate for the probability of winning.

Using classical methods discussed in class, try to estimate the likelihood of winning. (You will likely not be able to get this exactly because of the nature of the problem, just make the best estimate you can)

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M923108

Have any Question? 


Related Questions in Statistics and Probability

How could the federal government at the time of the gilded

How could the federal government at the time of the Gilded Age have reduced the economy's exposure to panics and recessions?

Let n y fiiisinn s p be an aumann model of incomplete

Let (N, Y, (F i ) i ∈N , s, P) be an Aumann model of incomplete information with beliefs, and let W ⊆ Y be an event. Prove that (N,W, (F i  ∩ W) i ∈N  , P(· | W)) is also an Aumann model of incomplete information with be ...

Statistics paperthe final paper provides you with an

STATISTICS Paper The Final Paper provides you with an opportunity to integrate and reflect on what you have learned during the class. The question to address is: "What have you learned about statistics?" In developing yo ...

Assignment choice 1 the great migrationwrite an essay on

Assignment Choice #1: The Great Migration Write an essay on the great migration of the black population to the northern United States.  What were the reasons for the great migration? What were some of the risks involved ...

The manager of a pizza chain in albuquerque new mexico

The manager of a pizza chain in Albuquerque, New Mexico, wants to determine the average size of their advertised 16-inch pizzas. She takes a random sample of 25 pizzas and records their mean and standard deviation as 16. ...

Consider a sealed-bid first-price auction with two buyers

Consider a sealed-bid first-price auction with two buyers whose private values are independent; the private value of buyer 1 has uniform distribution over the interval [0, 3], and the private value of buyer 2 has uniform ...

Question i am sending this question second time because i

Question: I am sending this question second time because I have suspicion about the solution. I am solving it by converting the given percentages into probabilities, and then calculating Expected Freq.=np. Please follow ...

Otto is trying out for the javelin throw to compete in the

Otto is trying out for the javelin throw to compete in the Olympics. The lengths of his javelin throws are normally distributed with a mean of 310 feet and a standard deviation of 13 feet. What is the probability that th ...

Question 67 of laguardia students are female a random

Question: 67% of LaGuardia students are female. A random sample of 6 students is to be selected. Let the random variable X be the number of female students in a sample. a.) Explain why X is a binomial random variable. (F ...

You are an economic consultant whose task is to investigate

You are an economic consultant whose task is to investigate whether there is gender discrimination with respect to earnings in the government of Little Rock. You take a random sample of 22 people of which 10 are women an ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro