Question: A simple example of the difference between ideal and non- ideal conditions is the rolling of a die. Required a. Calculate the expected value of

A simple example of the difference between ideal and non- ideal conditions is the rolling of a die.

Required

a. Calculate the expected value of a single roll of a fair die.

b. Now suppose that you are unsure whether the die is fair. How would you then calculate the expected value of a single roll?

c. Continuing part b, now roll the die four times. You obtain 6, 4, 1, 3. Does this information affect your belief that the die is fair? Explain.

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a The expected value of a single roll of a fair die is x 1 1 2 3 4 5 6 35 6 b First you would have to write down a set of possible states of nature fo... View full answer

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