What is the probability that the player wins a game of craps

Assignment Help Basic Statistics
Reference no: EM131028223

Following is a description of the game of craps. A player rolls two dice and computes the total of the spots showing. If the player's first toss is a 7 or an 11, the player wins the game. If the first toss is a 2, 3, or 12, the player loses the game. If the player rolls anything else (4, 5, 6, 8, 9 or 10) on the first toss, that value becomes the player's point. If the player does not win or lose on the first toss, he tosses the dice repeatedly until he obtains either his point or a 7. He wins if he tosses his point before tossing a 7 and loses if he tosses a 7 before his point. What is the probability that the player wins a game of craps?

Reference no: EM131028223

Questions Cloud

Problem regarding the federal income tax return : Many college students choose not to file a federal income tax return (!) assuming that the income taxes withheld by employers "probably" will cover their tax liability. Is such an assumption correct?
What were economic profits : Ralph's Travel Agency had accounting profits of $50,000 and implicit costs of $30,000. What were economic profits?
What is the effect on project npv : What is the effect on project NPV, if variable costs increase to 70% of sales? (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places. Enter your answer as the absolute value of the change.)
Evaluate primary source based on historical accuracy : For this essay you will: Find a fictional primary source that is a representation of a historical event or time period, Reflect on primary source and Evaluate primary source based on historical accuracy/authenticity
What is the probability that the player wins a game of craps : If the player does not win or lose on the first toss, he tosses the dice repeatedly until he obtains either his point or a 7. He wins if he tosses his point before tossing a 7 and loses if he tosses a 7 before his point. What is the probability th..
What is the effect on project npv : What is the effect on project NPV, if variable costs increase to 70% of sales? (Do not round intermediate calculations. Enter your answer in millions rounded to 3 decimal places. Enter your answer as the absolute value of the change.)
Use of technology in developing countries-what challenges : What opportunities do you see for the use of technology in developing countries? What challenges? Use specific examples discovered in your readings or research during this course.
What is probability that the series lasts exactly five games : A Model for the World Series Two teams A and B play a series of games until one team wins four games. We assume that the games are played independently and that the probability that A wins any game is p. What is the probability that the series las..
Risky assets such as the stock market : "Young people with little wealth should not invest money in risky assets such as the stock market, because they can't afford to lose what little money they have." Do you agree or disagree with this statement? Why?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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