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You Roll a Die 48 Times with the Following Results

question 24

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You roll a die 48 times with the following results.Is the die fair?  Number 123456 Frequency 141321234\begin{array} { c | r | r | r | r | r | r } \text { Number } & 1 & 2 & 3 & 4 & 5 & 6 \\\hline \text { Frequency } & 14 & 13 & 2 & 12 & 3 & 4\end{array}


Definitions:

Corporate Manager

An individual responsible for planning, directing, or overseeing the operations and development of a corporation.

Benefits to Shareholders

Benefits to shareholders refer to the advantages or gains, such as dividends and increase in share value, that shareholders receive from their investment in a company.

Cost to Corporation

The total expenses incurred by a company in the production of goods or services or in its general operations.

Utility Thinking

An approach that emphasizes making decisions based on the overall happiness or satisfaction derived from the outcomes.

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