Find a rough range to compute the standard deviation of box

Reference no: EM13119604

the game of "craps" two dice are thrown and the outcome of a bet is based on the sum of the two dice. If you bet $1 that the sum is "seven" then you win $4 or lose your dollar. The probability that you win is 6/36=1/6, and P(loss) = 5/6. Find a rough range for a) 200 plays, (b) 20, 000 plays. You must show your work when you compute the SD of the box!

Reference no: EM13119604

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