In a Game of Dice, a Player Loses If the Outcome

question 84

Short Answer

In a game of dice, a player loses if the outcome of the first roll is a two, three, or twelve. (This refers to the total of the two dice.) What is the probability of losing on the first roll? Give your answer as a fraction.

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Definitions:

Debt-To-Equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets, used as a measure of financial health.

Equity Multiplier

This financial ratio measures a company's leverage by comparing its total assets to its total shareholders' equity.

Net Profit Margin

A financial metric that shows the percentage of net income relative to revenue, indicating how much profit is generated from each dollar of sales.

Gross Margin

The difference between sales revenue and the cost of goods sold (COGS), indicating the profitability of a company's core business activities.