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(Solved): otherwise. Complete parts (a) through (d). Click the icon to view a table of all possible o ...



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otherwise. Complete parts (a) through (d). Click the icon to view a table of all possible outcomes of a two dice roll. a. Construct the probability distribution representing the different outcomes that are possible for a bet using method one. (Type an exact answer in simplified form.) b. Construct the probability distribution representing the different outcomes that are possible for a bet using method two. (Type an exact answer in simplified form.) c. Construct the probability distribution representing the different outcomes that are possible for a bet using method three. (Type an exact answer in simplified form.) d. What is the expected long-run profit (or loss) to the player for each of the three methods of play? Method one expected profit (or loss) (Round to the nearest cent as needed.) Data table Outcomes of a two dice rnll


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