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A well-dressed stranger approaches you on the street and asks you to play a game. Since he is well dressed, you are not threatened by
A well-dressed stranger approaches you on the street and asks you to play a game. Since he is well dressed, you are not threatened by this odd request and decide to play. Using a standard six-sided, balanced die, he tells you if you roll a 1 then he will give you $100. If you roll a 2, 3, 4, 5, or 6 then you have to give him $5. You decide to play the game 5 times. For each game, you record whether you win or lose. For this problem, n = 5 p (the probability of winning any single game) = 0.1667 (Report as a decimal rounded to four decimal places
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