$A$ random variable $X$ has the following probability distribution:
$X$ $0$ $1$ $2$ $3$ $4$ $5$ $6$ $7$
$P(X)$ $0$ $k$ $2k$ $2k$ $3k$ $k^2$ $2k^2$ $7k^2+k$

Determine $k$.

  • A
    $k = \frac{1}{10}$
  • B
    $k = -1$
  • C
    $k = 1$
  • D
    $k = \frac{1}{5}$

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$A$ person throws two fair dice. He wins $Rs.\, 15$ for throwing a doublet (same numbers on the two dice),wins $Rs.\, 12$ when the throw results in the sum of $9$,and loses $Rs.\, 6$ for any other outcome on the throw. Then the expected gain/loss (in $Rs.$) of the person is

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