-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 all of 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 actual winnings for each trial? 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 all of 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 actual winnings for each trial