Question: Set up a spreadsheet simulation model with 1,000 trials for which whether Pittsburg wins or loses each game is a random variable. Suppose for each
- Set up a spreadsheet simulation model with 1,000 trials for which whether Pittsburg wins or loses each game is a random variable. Suppose for each game that the Steelers win, Steel City will spend $3,000 on a t-shirt giveaway following the game. What is the mean and standard deviation of the number of wins during the season? What is the mean and standard deviation of the cost of the promotion?
| Game | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| Probability the Steelers Win | 0.55 | 0.6 | 0.45 | 0.4 | 0.65 | 0.55 | 0.45 | 0.7 |
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