Probability Project

 

1. Explain how you play the game - Rules etc.

2. Calculate at least 5 probabilities for events in the game. At least 2 must be complex (Involve an AND or an OR)

3. Come up with 2 strategies to limit your losing. The odds are always against you.

Put all these findings into a PowerPoint presentation

 

Bonus:
Find the mean and standard deviation for the payout of 1 event. (must be a one shot event)