Asked • 05/17/20

Algebra homework help probability and odds

Problem : Jason gets two chances to roll a sum of 8 with the two dice. To further clarify, he can win by either rolling an 8 on his first roll, and if he fails to roll an 8 on his first roll, he can win by rolling an 8 on his second roll. The wager for each game is $2. 


The rules are as follows: If an 8 is rolled on either the first roll or the second roll, Jason will win a profit of $5. If neither roll is an 8, Jason will lose his $2 wager. 


  1. Should Jason expect to win money or lose money playing this game? 



  1. What would Jason’s profit for winning need to be for him to have the same likelihood of winning and losing this game? 


2 Answers By Expert Tutors

By:

Jackson W. answered • 05/17/20

Tutor
5.0 (144)

Computer Science!

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