In a game, a man wins Rs. 100 if he gets 5 or 6 on a throw of a fair die and loses Rs.50 for getting any other number on the die. If he decides to throw the die either till he gets a five or a six or to a maximum of three throws, then his expected gain/loss (in rupees) is :
Multiplication Theorem of Probability -
If A and B are any two events then
- wherein
where
The law of Total Probability -
Let S be the sample space and E1, E2, ......En be n mutually exclusive and exhaustive events associated with a random experiment.
- wherein
where A is any event which occurs with E1, E2, E3......En.
p (success)= p ( 5 or 6 ) =1/3
Option 2)Option 3)Option 4)
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