Question: Modeling and Simulation For problem 6, answer the questions and build an appropriate Monte Carlo simulation. 6.John and Joe roll a six sided dice ten
Modeling and Simulation For problem 6, answer the questions and build an appropriate Monte Carlo simulation. 6.John and Joe roll a six sided dice ten times. For each six John rolls, Joe pays him $20. For allof the other numbers, John pay Joe $4. a.What is the expected value for this problem? b.Build a simulation that shows ten trials of the ten roles. What are the actualwinnings for each trial?
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