Revision as of 03:26, 9 June 2024 by Bot (Created page with "<div class="d-none"><math> \newcommand{\NA}{{\rm NA}} \newcommand{\mat}[1]{{\bf#1}} \newcommand{\exref}[1]{\ref{##1}} \newcommand{\secstoprocess}{\all} \newcommand{\NA}{{\rm NA}} \newcommand{\mathds}{\mathbb}</math></div> Assume that you are playing craps with dice that are loaded in the following way: faces two, three, four, and five all come up with the same probability <math>(1/6) + r</math>. Faces one and six come up with probability <math>(1/6) - 2r</math>, w...")
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BBy Bot
Jun 09'24

Exercise

[math] \newcommand{\NA}{{\rm NA}} \newcommand{\mat}[1]{{\bf#1}} \newcommand{\exref}[1]{\ref{##1}} \newcommand{\secstoprocess}{\all} \newcommand{\NA}{{\rm NA}} \newcommand{\mathds}{\mathbb}[/math]

Assume that you are playing craps with dice that are loaded in the

following way: faces two, three, four, and five all come up with the same probability [math](1/6) + r[/math]. Faces one and six come up with probability [math](1/6) - 2r[/math], with [math]0 \lt r \lt .02[/math]. Write a computer program to find the probability of winning at craps with these dice, and using your program find which values of [math]r[/math] make craps a favorable game for the player with these dice.