Question

Two people are playing rock, paper, scissors. The loser will give the winner $100, nothing occurs when there is a tie. L...

Two people are playing rock, paper, scissors. The loser will give the winner $100, nothing occurs when there is a tie. Let X represent Adam and Y represent Lisa.

  Rock prob, .33

X= Paper prob .33

Scissors prob, .33

Y= Rock prob .60

Paper prob .20

Scissors prob .20

A.) Draw a joint probability density table

B.) What is the probability that Adam wins?

C.) What is the Expected profit of the game?

  

  

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Scissors Cす X, Adam Y: Lisa apar () beats Rock Joint Pr obability density table Player Y Winner ayer X Pro babilih Rock (0.33C Winner ge ts $100 and logs er loses floo Expected brofit of the game + 0198x (I0o +0.066 (O +0.066x (100) +0:19x (-100)t 0.

Add a comment
Know the answer?
Add Answer to:
Two people are playing rock, paper, scissors. The loser will give the winner $100, nothing occurs when there is a tie. L...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 4. Rock-paper-scissors #3 Aa Aa A common way for two people to settle a frivolous dispute...

    4. Rock-paper-scissors #3 Aa Aa A common way for two people to settle a frivolous dispute is to play a game of rock-paper-scissors. In this game, each personScISSors simultaneously displays a hand signal to indicate a rock, a piece of paper, or a pair of scissors. Rock beats scissors, scissors beats paper, and paper beats rock. If both players select the same hand signal, the game results in a tie beats paper Paper beats rock Two roommates, roommate A and...

  • This program should be in c++. Rock Paper Scissors: This game is played by children and...

    This program should be in c++. Rock Paper Scissors: This game is played by children and adults and is popular all over the world. Apart from being a game played to pass time, the game is usually played in situations where something has to be chosen. It is similar in that way to other games like flipping the coin, throwing dice or drawing straws. There is no room for cheating or for knowing what the other person is going to...

  • The National Rock-Paper-Scissors League is about to have its annual com- petition and the CEO of...

    The National Rock-Paper-Scissors League is about to have its annual com- petition and the CEO of Dunder Mifflin Paper Company thinks that this is a great advertising opportunity. She wants to sponsor the competition by offering an extra prize of x dollars (yet to be specified) to both players whenever both end up playing paper. Now when it came to budgeting, a heated discussion starts among employees about how offering this prize will affect the game and how often they...

  • A common way for two people to settle a frivolous dispute is to play a game of rock-paper-scissors.

    6. Defining probability terms using rock-paper-scissorsA common way for two people to settle a frivolous dispute is to play a game of rock-paper-scissors. In this game, each person simultaneously displays a hand signal to indicate a rock, a piece of paper, or a pair of scissors. Rock beats scissors, scissors beats paper, and paper beats rock. If both players select the same hand signal, the game results in a tie.On a given evening, two roommates, Roommate A and Roommate B,...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT