Determine b expected gain per throw of a dice

Assignment Help Other Subject
Reference no: EM13887215

A and B each have two unbiased four-faced dice, the four faces being numbered 1, 2, 3, 4. Without looking, B tries to guess the sum x of the numbers on the bottom faces of A 's two dice after they have been thrown onto a table. If the guess is correct B receives x 2 euros, but if not he loses x euros.

Determine B 's expected gain per throw of A 's dice when he adopts each of the following strategies:

1. he selects x at random in the range 2 ≤ x ≤ 8;

2. he throws his own two dice and guesses x to be whatever they indicate;

3. he takes your advice and always chooses the same value for x . Which number would you advise?

Reference no: EM13887215

Questions Cloud

Applicability of a range of research methodologies : Identify and critically discuss the applicability of a range of research methodologies and paradigms within a range of disciplines - Evaluating the Criticality of Sustainability.
Average distance between dislocations : Calculate the average distance between dislocations for both cases. For sim- plicity, assume all of the dislocations are parallel and in a square pattern.
Solve the given equation in elaborated way : Solve the given equation in elaborated way :
The final research paper or media reveiw paper : The final research paper, or media reveiw paper, will consist of a favorite media medium you enjoy watching, reading, or listening to, such as a television show, movie, song, book, video game, etc., and review this medium by applying at least four so..
Determine b expected gain per throw of a dice : Determine B 's expected gain per throw of A 's dice when he adopts each of the following strategies -he selects x at random in the range 2 ≤ x ≤ 8;
What are some of the advantage or disadvantage of this bill : Outline the major provisions of the Gramm Leach Bliley Act of 1999. Many experts considered this bill to favor larger multibank holding companies. What are some of the advantages or disadvantages of this bill to the largest and smallest commercial ba..
Calculate the batting average of each player : College softball programs have a limited number of scholarships to offer promising high school seniors, so the programs invest a great deal of effort in evaluating these players.
Public service announcement assignment : A PSA is a message designed to change public attitudes about a specific issue by raising awareness about the issue. PSA's are often delivered on t.v, or radio as an advertisement, but can also be delivered in a different format, such as a brochure or..
Which institutions seem most likely to lose : Change is always good for some participants and bad for others. Which types of financial institutions appear best situated to gain from potential changes in the regulatory structure within the financial services arena? Which institutions seem most li..

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd