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Experimental Distribution table X P(x) XP(x) Green&2 $0 1/36 $0 Red $0 1/6 $0 Pink&1 $200 1/36 $5.55555556 Purple&1 $25 1/36 $0.69444444 Red $0 1/6
Experimental Distribution table
X | P(x) | XP(x) | |
Green&2 | $0 | 1/36 | $0 |
Red | $0 | 1/6 | $0 |
Pink&1 | $200 | 1/36 | $5.55555556 |
Purple&1 | $25 | 1/36 | $0.69444444 |
Red | $0 | 1/6 | $0 |
Pink&3 | $0 | 1/36 | $0 |
Orange | $0 | 1/6 | $0 |
Yellow | $0 | 1/6 | $0 |
Purple&2 | $0 | 1/36 | $0 |
Red | $0 | 1/6 | $0 |
Pink&2 | $0 | 1/36 | $0 |
Purple&6 | $25 | 1/36 | $0.69444444 |
Yellow | $0 | 1/6 | $0 |
Orange | $0 | 1/6 | $0 |
Pink&6 | $0 | 1/36 | $0 |
1. Find experimental average payout
2. Find the experimental expected value
3. Profit calculation
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