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Mad Hatter (Q16731791)

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[dummy-text] Mad Hatter (Q16731791) From Wikidata Jump to navigation Jump to search American bank robber edit Language Label Description Also known as English Mad Hatter American bank robber Statements instance of human 1 reference imported from Wikimedia project English Wikipedia sex or gender male 0 references   Sitelinks Wikipedia (1 entry) edit enwiki Mad Hatter (bank robber) Wikibooks (0 entries) edit Wikinews (0 entries) edit Wikiquote (0 entries) edit Wikisource (0 entries) edit Wikiversity (0 entries) edit Wikivoyage (0 entries) edit Wiktionary (0 entries) edit Other sites (0 entries) edit Retrieved from "https://www.wikidata.org/w/index.php?title=Q16731791&oldid=844559226" Navigation menu Personal tools English Not logged in Talk Contributions Create account Log in Namespaces Item Discussion ...

If I roll a die 25 times what is the probability that the mean outcome is greater than 4?

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0 0 $begingroup$ Consider a problem: You take a fair die to a party and announce that you will roll it 25 times. You will record each outcome and at the end average the 25 outcomes together to get their arithmetical mean. You offer a bet: The player puts down $1. If mean exceeds 4, you will give him $21 back, but otherwise, he loses his dollar. Is this a good bet for the player? (Use Central limit theorem, CTL). I tried to solve it. Please check whether it is true: self-study distributions central-limit-theorem games dice share | cite | improve this question edited Nov 13 '18 at 9:59 amoeba 60.6k 15 205 263 asked Nov 12 '18 at 9:37 Hassan Ali Hassan Ali 14 4 $endgroup$ $begingroup$ @MartijnWeterings This is very obviously a copy-pasted problem from somewhere. I took the liberty to change the formatting to reflect that and to add the [self-study] tag. (Your answer is great, btw.) $endgroup$ – amoeba ...