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Consider the following game. A player rolls two dice. If the outcome on both dice is the same (doubles), the player wins $5. If the sum is 7 or 11, the player wins $3. If neither of these outcomes occurs, the player loses $1.
(a) Construct a decision tree to illustrate this game. Determine the expected payoff of the game.
(b) Construct a simulation of this game and simulate 10 games. Use random numbers from row 1 from the appropriate random number table.
(-11,-3),(0,-7)
In this section we will see how knowledge of some rather simple graphs can help us graph some more complexes graphs. Collectively the methods we will learn in this section are cal
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