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1. A lottery offers one $1000 prize, one $500 prize, and five $100 prizes. One thousand tickets are sold at $5 each. You decided to buy one ticket. Outome Profit (x) a. Fill in the table (add or delete rows if necessary) Answer: b. Find the expectation if a person buys one ticket. P(x) c. Is it a fair game? Explain. Is it a fair game? Explanation: x P(x)

1. A lottery offers one $1000 prize, one $500 prize, and five $100 prizes. One thousand tickets are sold at $5 each. You decided to buy one ticket. Outome Profit (x) a. Fill in the table (add or delete rows if necessary) Answer: b. Find the expectation if a person buys one ticket. P(x) c. Is it a fair game? Explain. Is it a fair game? Explanation: x P(x)

MATLAB: An Introduction with Applications
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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Paragraph Styles 1. A lottery offers one $1000 prize, one $500 prize, and five $100 prizes. One thousand tickets are sold at $5 each. You decided to buy one ticket. vestigate Outome Profit (x) a. Fill in the table (add or delete rows if necessary) Answer: b. Find the expectation if a person buys one ticket. c. Is it a fair game? Explain. Is it a fair game? Explanation: F6 OLD F7 P(x) 点 F8 F9 W prt sc F10 x P(x) home F11 end
Transcribed Image Text:Paragraph Styles 1. A lottery offers one $1000 prize, one $500 prize, and five $100 prizes. One thousand tickets are sold at $5 each. You decided to buy one ticket. vestigate Outome Profit (x) a. Fill in the table (add or delete rows if necessary) Answer: b. Find the expectation if a person buys one ticket. c. Is it a fair game? Explain. Is it a fair game? Explanation: F6 OLD F7 P(x) 点 F8 F9 W prt sc F10 x P(x) home F11 end
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