You are playing a game where you roll a die and win 0 jellyb

You are playing a game where you roll a die and win 0 jellybeans for rolling a one or two; 1 jellybean for rolling a three, four, or five; and 2 jellybeans for rolling a six. Each time you play the game, you must pay 1 jellybean. What is the expected number of jellybeans you win each round? What is the variance of the number of jellybeans that you win? If you like jellybeans, is this a game you want to play?

Solution

 You are playing a game where you roll a die and win 0 jellybeans for rolling a one or two; 1 jellybean for rolling a three, four, or five; and 2 jellybeans for

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site