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

question 29

Multiple Choice

Consider simulating the average roll of twenty 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 twenty rolls is between (and including) 60 and 80.

• A)0.53
• B)0.63
• C)0.73
• D)0.83
• E)0.93

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Definitions:

Book Values

The net value of a company's assets as recorded on the balance sheet, often differing from market value.

Market Values

The current price at which an asset or security can be bought or sold in the marketplace.

Incremental Cash Flows

Additional cash flow received by an organization from taking on a new project.

Leveraged Buyout

An acquisition of a company, primarily funded by borrowed money, where the assets of the company being acquired and those of the acquiring company are used as collateral.