In a game called Hazard a player tosses two dice. If the total of the two dice
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Question:
In a game called Hazard a player tosses two dice. If the total of the two dice is 7, the player wins $1. If the total of the two dice is 2, 3, 11, 12, the player loses $1. For all other numbers (4, 5, 6, 8, 9, 10), the player neither loses nor wins.
At the Benninga Casino, one round of Hazard consists of 10 tosses (each of the two dice).
Model the cumulative winnings of the 10 tosses.
Simulate 25 rounds and compute the average and standard deviation of the player's winnings.
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