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A biased die is used in a game - Leaving Cert Mathematics - Question 2 - 2013

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A biased die is used in a game. The probabilities of getting the six different numbers on the die are shown in the table below. Number 1 2 3 ... show full transcript

Worked Solution & Example Answer:A biased die is used in a game - Leaving Cert Mathematics - Question 2 - 2013

Step 1

Find the expected value of the random variable $X$

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Answer

To find the expected value E(X)E(X) of the random variable XX, we use the formula:

E(X)=extSumof(Value×extProbability)E(X) = ext{Sum of (Value} \times ext{ Probability)}

Substituting the values from the table:

E(X)=(1×0.25)+(2×0.25)+(3×0.15)+(4×0.15)+(5×0.10)+(6×0.10)E(X) = (1 \times 0.25) + (2 \times 0.25) + (3 \times 0.15) + (4 \times 0.15) + (5 \times 0.10) + (6 \times 0.10)

Calculating each term:

  • For 1: 1×0.25=0.251 \times 0.25 = 0.25
  • For 2: 2×0.25=0.502 \times 0.25 = 0.50
  • For 3: 3×0.15=0.453 \times 0.15 = 0.45
  • For 4: 4×0.15=0.604 \times 0.15 = 0.60
  • For 5: 5×0.10=0.505 \times 0.10 = 0.50
  • For 6: 6×0.10=0.606 \times 0.10 = 0.60

Now summing these up:

E(X)=0.25+0.50+0.45+0.60+0.50+0.60=2.90E(X) = 0.25 + 0.50 + 0.45 + 0.60 + 0.50 + 0.60 = 2.90

Thus, the expected value of XX is 2.90.

Step 2

Complete the sentence about fair and biased die

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Answer

To determine the average winnings when playing the game with a fair die, we can calculate:

For a fair die: The expected win per game is given by the average of all possible outcomes:

E(X)=1+2+3+4+5+66=216=3.5E(X) = \frac{1 + 2 + 3 + 4 + 5 + 6}{6} = \frac{21}{6} = 3.5

Therefore, in this case, you will win an average of €3.50 per game.

For the biased die, we already calculated that the expected winnings are €2.90.

So, complete the sentence:

"If you play the game many times with a fair die, you will win an average of €3.50 per game, but if you play with the biased die you will lose an average of €0.10 per game."

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