Game based on the rolls of two fair dice

Assignment Help Applied Statistics

Reference no: EM13737737

My homework problem is:
Your friend has invented a game based on the rolls of two fair dice. If the product of the rolls is even, then he will pay you 1 dollar. If the product of the rolls is odd, then he wont pay you anything. What are the odds in favor of the product being even? At most, how much would you be willing to pay your friend to play this game.
I am extreemly confused on how to find the probability f it being even because everywhere I look and when I do the problem I get 18/36 but the answer says 27/36. How is that possible?

Reference no: EM13737737

Questions Cloud

The variables of interest that you may have such as gender : 1) Gather preliminary data about HIV/ AIDS in ruralcommunities in South Africa. Use the Centers for Disease Control and Prevention website (www.CDC.gov) and the National Census website.2) Use the data sets available for download to analyze them accor..

What issues were resolved by the compromise of 1850 : What issues were resolved by the Compromise of 1850? Who benefited more from its terms, the North or the South? Why?

Marketing plan-waters bottling company : Using the Waters Bottling Company, continue to build the Marketing Plan Sections for the product you have selected/ invented/ created

What are the characteristics of a population : What are the characteristics of a population for which it would be appropriate to use mean/median/mode? When would the characteristics of a population make them inappropriate to use?

Game based on the rolls of two fair dice : Your friend has invented a game based on the rolls of two fair dice. If the product of the rolls is even, then he will pay you 1 dollar. If the product of the rolls is odd, then he wont pay you anything. What are the odds in favor of the product bein..

Functions of major regional economic integrations : What is the identity and the intended functions of major regional economic integrations

Explain each sampling technique : Explain each sampling technique discussed in the "Visual Learner: Statistics" in your own words, and give examples of when each technique would be appropriate.

What was ingvar kamprads role in the development in ikea : What was Ingvar Kamprad's role in the development in IKEA and What were the sources of IKEA's successful entry in furniture retail business in Sweden

Established a record in a major midwestern city : The post office has established a record in a major Midwestern city for delivering 90% of its local mail the next working day. If you mail the eight local letters, what is the probability that all of them will be delivered the next day? Of the eight,..

User Account

All Pages