Consider Simulating the Average Roll of Three Fair 6-Sided Dice $10000$

question 20

Multiple Choice

Consider simulating the average roll of three fair 6-sided dice.Below is a histogram of the simulated average over $10000$ trials. Based on the simulation,approximate the probability that the average roll is between (and including) 3 and 4.Note: This is equivalently,the probability that the sum of the three rolls is between (and including) 9 and 12.

• A)0.28
• B)0.38
• C)0.48
• D)0.58
• E)0.68

Understand the influence of Freud's observations on his theories of the unconscious mind.

Recognize the significance of personality theories and their characteristics that make them useful for psychologists.

Understand the concept of personality through observations of individuality and consistency.

Analyze the role of self-esteem and self-efficacy in individuals' perceptions of control and success.

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Definitions:

Cash Inflows

The total amount of money being transferred into a business, project, or financial product, typically measured within a specific period.

Rate Of Return

A financial return or setback experienced in an investment over a fixed period, denoted as a percentage of the original investment value.

Projects

Specific initiatives or plans undertaken by individuals or organizations aimed at achieving defined goals or objectives.

Discounted Payback Period

The time required to recover the cost of an investment considering the time value of money, expressing when the net present value of cash flows equals the initial investment.