Decision tree-anticipated payoff-random number


Question1. Consider the game. A player rolls two dice. If the result on both dice is similar (doubles), the player wins $5. If the sum is 7 or 11, the player wins $3. If neither of these results takes place, the player loses $1.

Question3. Put up a decision tree to demonstrate this game. Find out the anticipated payoff of the game.

Question4. Construct a simulation of this game and simulate ten games. Use random numbers from row 1 from the proper random number table.

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Mathematics: Decision tree-anticipated payoff-random number
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