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:

Inter-Entity Transactions

Transactions that occur between different entities within the same group, needing to be eliminated during consolidation to avoid double counting.

Foreign Exchange Gain

A profit resulting from changes in the exchange rate between the base currency used by a company and the foreign currencies in which it transacts.

Translating

The process of converting financial statements from one currency into another, typically for consolidation purposes.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, providing an overview of a business or person's financial condition.