In the Game of Craps Two Dice Are Rolled and the Up

question 23

Multiple Choice

In the game of craps two dice are rolled and the up faces are totaled. If the person rolling the dice on the firstroll rolls a 7 or an 11 total they win. If they roll a 2, 3, or 12 on the first roll they lose. If they roll any other totalthen on subsequent rolls they must roll that total before rolling a 7 to win. What is the probability of winningon the first roll?

• A) 0.22
• B) 0.17
• C) 0.06
• D) 0.50

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Definitions:

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenue.

Sales Units

The number of individual items or units a business sells within a specific period.

Variable Expenses

Expenses that change in proportion to the activity of a business such as production volume or sales.

Fixed Expenses

Costs that do not change in total despite fluctuations in the volume of goods or services produced or sold.