(A) What are the odds for rolling a sum of 8 in a single roll of two...

Question:

(A) What are the odds for rolling a sum of 8 in a single roll of two fair dice?
(B) If you bet $5 that a sum of 8 will turn up, what should the house pay (plus returning your $5 bet) if a sum of 8 does turn up in order for the game to be fair?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Finite Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780134862620

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

Question Posted: