Elementary Statistics: A Step-by-Step Approach with Formula Card 9th Edition

Published by McGraw-Hill Education
ISBN 10: 0078136334
ISBN 13: 978-0-07813-633-7

Chapter 5 - Discrete Probability Distributions - Critical Thinking Challenges - Page 308: 4

Answer

$0.3472$ $0.0694$ $0.0046$

Work Step by Step

Use binomial to simulate the problem, rolling three dice is the same as roll 1 dice three times. We have $n=3$ and $p=1/6$ is the probability of getting the number. Thus To win 1 dollar $P(1)=_3C_1\cdot p^1(1-p)^2=0.3472$ To win 2 dollars $P(2)=_3C_2\cdot p^2(1-p)^1=0.0694$ To win 3 dollars $P(3)=_3C_3\cdot p^3(1-p)^0=0.0046$
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