Practice Quiz 9 - Bond, MGF1106 1. Mason is playing Monopoly. Each turn, the player rolls two fair dice. Each of the dice produces a random number chosen from {1, 2, 3, 4, 5, 6}, each equally likely. Out of 30 rolls, he rolled a sum of 9 or more 8 times. a. What is the theoretical probability that Mason will roll 9 or more? b. What is the empirical probability that Mason will 9 or more? c. Mason wants to bet $100 (Monopoly money) that he'll roll 9 or more this turn. The bank bets $300 dollars that he will fail, and the winner keeps all the wagered money. What is the expected value of the gamble for Mason