DiceGame_f10 - Option 2: Roll a 20-sided die 30 times. If...

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Statistics 3011, Course Notes Supplement 5 October 27, 2010 Dice Game Rules of the Game: You have two ways to win $20, but you must pick one or the other: Option 1: Roll a 20-sided die once, and predict the value before you roll it. If the value of the die matches your prediction, you win.
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Unformatted text preview: Option 2: Roll a 20-sided die 30 times. If the average of the 30 rolls is 8 . 5 or 12 . 5, you win. Which option should you choose to maximize your probability of winning $20? Option 1: Option 2: 1...
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This document was uploaded on 04/28/2011.

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