1. A Booster club sells $6 tickets for chance to win a $300 TV, a $75 cell phone, or eight $25cash prizes. If the club sells 550 tickets, set up the distribution for the gain.X 2942. What is the expected value of the gain in #1?

1. It is given that club sells $6 tickets for chance to win a $300 TV, a $75 cell phone, or eight…

Answered: 1. A Booster club sells $6 tickets for…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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6.4 give the probability data analysis, show solution.
The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $5 each and will sell 900 tickets. There is one $2,000 grand prize, four $500 second prizes, and thirteen $20 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent. Hìnt: Hint Video on Expected Value [+] Submit Question Wassess2//skop/11 o search DII FS prt sc home end insert delet F10 F12 114 %23 2 3 4. 7 8. 9. W R U F K C V G
4. The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $5 each and will sell 700 tickets. There is one $2,000 grand prize, three $400 second prizes, and twelve $40 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.
The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $6 each and will sell 900 tickets. There is one $1,000 grand prize, three $500 second prizes, and fifteen $30 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent. Question Help: Written Example > Next Question %23 44 F1 19 23 14 F6 F7 F10 %23 24 &. 2 4. 8. 9. Q Y U A S D K Z V M option command .. •- JI B w/
Need help with this Intro to probability and statistics homework problem. Below the homework problem is the answers from the textbook. Make sure your handwriting is neat and readable.
Please show all your steps.1. According to a candy company, packages of a certain candy contain 21% orange candies.Find the approximate probability that the random sample of 500 candies will contain 23%or more orange candies.
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The map below shows the percentage change in housing prices from June 2014 to June 2015 in each of nine regions (U.S. Census divisions).+ Pacific 7.68 Mountain 7.17 West North Central 3.91 West South Central 6.92 East North Central 4.51 East South Central 4.88 Middle Atlantic 1.72 South Atlantic 6.12 New England 3.18 by You are choosing a region of the country to move to. Let E be the event that the region you choose saw a increase in housing prices of 4% or more, and let F be the event that the region you choose is on the east coast. Describe the event of EU F in words. You choose a region that saw an increase in housing prices of 4% or more or is on the east coast. You choose a region that saw a increase in housing prices of 4% or more and is on the east coast. List the outcomes of E UF. OEUF = {Pacific, Mountain, South Atlantic} EUF = {East North Central, South Atlantic, West North Central, Mountain, Pacific} EUF = {New England, Middle Atlantic, East North Central} EUF = {East North…
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In a popular casino game, you can bet one whether a ball will fall in an arc on a wheel colored red, black, or green. Say the probability of a red outcome is 18 that of a black outcome is 36, and that of a green outcome is 2 Suppose someone makes a S25 bet on black. Find the expected net winnings for this single bet. Interpret the result. Choose the correct answer below and fill in the answer box to complete your choice. (Round to three decimal places as needed.) O A. If the $25 bet on black was placed a very large number of times, the bettor would win a total of dollars. O B. If the $25 bet on black was placed a very large number of times, the average winnings would be dollars per bet. O C. On average, a person is expected to win dollars for any bet on the roulette wheel. OD. A person will win dollars every time a $25 bet was placed on black.
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1. A Booster club sells $6 tickets for chance to win a $300 TV, a $75 cell phone, or eight $25 cash prizes. If the club sells 550 tickets, set up the distribution for the gain. X 294 2. What is the expected value of the gain in #1?