A community for students.

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

anonymous

  • one year ago

In a dice game, you win if the two dice come up 11. Otherwise, you lose $1. What should be the profit for winning to make this game fair?

  • This Question is Closed
  1. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    do you know what the probability is you get an 11 on the sum of two dice?

  2. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    I do not

  3. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    lol what did you do, turn around?

  4. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    ok there are two different ways to roll an 11, \((6,5)\) and \((5,6)\) out of the 36 possible rolls probability it \(\frac{2}{36}=\frac{1}{18}\)

  5. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    I knew there were 2 ways i just didn't know what to do with it lol

  6. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    we are not done yet

  7. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    I know

  8. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    17 out of 18 times you lose $1 so you better win $17 when you do roll an 11

  9. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    you can think of it this way roll 18 times, you lost 17 times and win once so you lose $17 and therefore you have to win $17 to break even

  10. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    Ahh...okay. Sorry I'm really bad at math if you can't tell..

  11. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    wasn't that hard though, was it ?

  12. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    not too bad

  13. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    lol

  14. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.