Staryer MAt104 week 8 discussion
Question # 00138648
Posted By:
Updated on: 11/22/2015 10:11 AM Due on: 11/30/2015

"Probability" Please respond to the following:
Provide one example to show how you can use the Expected Value computation to assess the fairness of a situation (probability experiment). Provide the detailed steps and calculations.
Develop a tree diagram for tossing two, eight-sided gaming dice to figure out how many possibilities there are. Discuss the purpose of using such a visual in working out probability.
Provide one example to show how you can use the Expected Value computation to assess the fairness of a situation (probability experiment). Provide the detailed steps and calculations.
Develop a tree diagram for tossing two, eight-sided gaming dice to figure out how many possibilities there are. Discuss the purpose of using such a visual in working out probability.

-
Rating:
5/
Solution: Staryer MAt104 week 8 discussion