Construct a decision tree example, Algebra

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.

 

Posted Date: 3/7/2013 4:54:19 AM | Location : United States







Related Discussions:- Construct a decision tree example, Assignment Help, Ask Question on Construct a decision tree example, Get Answer, Expert's Help, Construct a decision tree example Discussions

Write discussion on Construct a decision tree example
Your posts are moderated
Related Questions
Miscellaneous Functions The importance of this section is to introduce you with some other functions that don't really need the work to graph that the ones which we've looked

In his boat, Leonard can travel 24 miles upstream in the same time it takes to travel 36 miles downstream. If the rate of the current is 2 mph, find the rate of the boat in still

has a y-intercept of 5 and a slope of 2/3. solve for the standard equation

30. 5x-1 greater than 29

I need help with this equation: x^3 - 7x^2 + 5x + 35 = 0

need step by step instructions on solving P = $500 and r = 11% = .11

YOU EARN 15N DOLLARS FOR MOWING N LAWNS.HOW MUCH DO YOU EARN FOR MOWING ONE LAWN? SEVEN LAWNS?

In this section we're going to revisit some of the applications which we saw in the Linear Applications section & see some instance which will require us to solve a quadratic equat

Find all the eighth roots of (19 + 7 i)