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In craps, you roll 2 dice. You can win on the first roll if you roll a 7 or an 11, and you lose if you roll a 2, 3, or 12. Any other number becomes a point and the game continues. What is the probability of winning or losing on the first roll?
a) 1
b) 5/12
c) 1/2
d) 1/3
e) 1/4
Please provide full explanation with the solution. Thank you!
a) 1
b) 5/12
c) 1/2
d) 1/3
e) 1/4
Please provide full explanation with the solution. Thank you!