1. A lottery ticket costs $5.00 and a total of 2 225 000 tickets were sold. The prizes and their frequencies are shown in the following table. Prize ($), x Number of prizes 600 000 1 60000 2 6000 5 600 20 60 100 Determine the expected winnings of each ticket

1. A lottery ticket costs $5.00 and a total of 2 225 000 tickets were sold. The prizes and their frequencies are shown in the following table. Prize ($), x Number of prizes 600 000 1 60000 2 6000 5 600 20 60 100 Determine the expected winnings of each ticket

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Related questions

Q: What percentage of those who play guitar, also play piano given the following information. 18…

A: What percentage of those who play guitar, also play piano given the following information. 18 - play…

Q: John is in a running club made up of 34 members. They run a 15K race to prepare for the…

A: We know, in a given data set, if we arrange them in increasing order then difference between highest…

Q: Make frequency tables for the following data sets. Include columns for relative frequency and…

A: According to the provided data, the frequency table with relative frequency is shown as;

Q: Students in a class were asked how many movies they had seen in the last month. The results are…

Q: A. On the right-hand side construct a stem and leaf plot for the following data: 64 98 96 STEAM LEAF…

A: Frequency Table Class Count 43-48 2 49-54 3 55-60 1 61-66 9 67-72 4 73-78 3 79-84 2…

Q: Find the 5 number summary for the data shown.

A: Sample size (n) = 12 To find the five-number summary for the given data.

Q: (b) Use the quadratic regression feature of a graphing calculator to get a quadratic function that…

A: The question is about regression Given : To find : Quadratic function using graphing calculator

Q: Here is a set of data. 1 8 231 254 256 257 481 541 580 592 629 650 693 755 Identify the 5 number…

Q: Prepare a frequency Histogram and Polygon from the data in the frequency distribution below…

A: Frequency histogram:

Q: The data set represents the number of eggs produced by a small group of chickens each day for ten…

A: The questions is to find the average number of eggs produced in a day

Q: Source ment SS df MS

A: By using one way ANOVA test for a single factor,a) The Null and alternative hypotheses:Ho: µ1 = µ2…

Q: Categorical data can be graphed using a. Frequency polygon b. Pie Chart c. Ogive d. Histogram

A: There are different data types. The categorical data is the data that is based on the…

Q: III. A student in Statistics class was able to obtain the following score. Average Quiz =95 Mid-term…

A: Note that, student got 95,76,84 in three exams where each of the three exams have equal…

Q: What Happens in Vegas … Listed below are prices in dollars for one night at different hotels located…

A: In this case we need to find the range, variance and standard deviation for the prices in dollars…

Q: The weight and systolic blood pressure of 26 randomly selected males in the age group 25 to 30 are…

A: Given data: Weight Systolic BP 165 130 167 133 180 150 155 128 212 151 175 146 190…

Q: The median of the following data in the frequency table is: * 6 11 14 2 7 f 15 1 6 7 4 O 7 O 11 O 14

A: From the provided information, The frequency table is as follow: x 6 11 14 2 7 f…

Q: 3. The following data about the number of boyfriends/girlfriends of 40 students have had were…

Q: The students in a class are classified as follows. Complete the table and draw a bar chart and a pie…

Q: Use the following information to answer the question. A researcher wants to study whether there is…

A: DF = (r-1)*(c-1) = 6

Q: In the research situations below, describe whether the researcher is conducting an experiment or a…

A: The researcher wants to determine whether honeybees have a preference for flowers.So, the apiarist…

Q: This equation represents the outcome of heads when three coins were flipped in 50 trials: 0.8+1.18…

A: Solution: Three coins are flipped 50 times The possible values of heads are 0,1,2 and 3 n = 50…

Q: NI-WIN Unnsan0 17 poi The table shows the amount of time four students practiced the trumpet one…

Q: A frequency table consist of 10 classes represent the grades of business statistics for 80 students…

A: There are totally 80 students in the course are represented in 10 classes. Thus, the total frequency…

Q: 3 4 Number 5 6 7 Table 2.42 Number Number Number Number Number Number Number acer Number Number b.…

Q: Now consider a bag of ten colorful marbles. You reach into the bag 100 times. Each time you pull out…

A: The likelihood number for the marbles based on the 100 draws is to be defined for the specified…

Q: In Mr. Smith's 20 person English literature class, the students earned the föllowing grades:…

A: make table and count individual number of grades

Q: Twenty members of a health club who jog were asked how many miles they jog per week. The responses…

A: Given that The data are 13,17,2,8,12,25,22,31,19,4,9,29,41,24,18,15,23,34,19,15

Q: Here is a set of data. 115 224 294 364 439 588 634 639 695 743 778 844 Identify the 5 number summary…

A: We have given the following data.

Q: SET O 3. Which list of numbers is ordered from greatest to least? A. (61%. $. 5.5×10-¹,20) B. (5.…

Q: refer to the table: the precentage of student working 20 hours or more is: A. 20% B. 25% C. 75%…

A: From the provided information, The total students = 400 The number of students working 20 hours of…

Q: 45. Find the mean of this frequency table. Price, p ($) Frequency, f 730 1 785 3 815 4 846 2 910 957…

Q: Midland National Bank selected a sample of 40 student checking accounts. Below are their…

A: Given data :…

Q: (Q1). For the following Frequeney table: Frequeney Number of classes clsses 1.5-1.9 2.0- 2.4 2 4 3…

A: Class intervals and frequencies are given in the table.

Q: Compare the shapes of the distributions of the two data sets. Both data sets are skewed right. Both…

A: Description for data set A.A line plot that is symmetrical with respect to a data point at position…

Q: Find the 5 number summary for the data shown 14 24 25 41 45 48 62 68 76 83 88 92 93 5 number…

A: 14, 25 ,45, 62, 76, 88, 93, 24, 41, 48, 68, 83, 92

Q: a) Create a frequency table to organize the data b) Create a frequency histogram for the data ( 1.…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: Choose the correct answer below. O A. Relative frequency of a class is the number of observations in…

A: Solution: Relative frequency: The relative frequency of class can be defined as ratio of the class…

Q: A Fun-Size bag of M&M's contains 5 green, 4 red, 3 yellow, 6 orange, 4 blue, and 2 brown candies.…

Q: Twenty members of a health club who jog were asked how many miles they jog per week. The responses…

A: value of observtions: 13,14,2,8,13,25,20,31,19,7,6,27,44,20,18,15,23,35,18,17

Question

1. A lottery ticket costs $5.00 and a total of 2 225 000 tickets were sold. The prizes and their frequencies are shown in the following table.
Prize ($), x Number of prizes
600 000 1
60000 2
6000 5
600 20
60 100
Determine the expected winnings of each ticket

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Frequency Statistics$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.

Similar questions

Use the bar chart to answer the following questions: What percent of students have blue eyes? 13.15 % How many total students were surveyed? 38 Students Green and hazel eyes make up what percent of the surveyed students? % If these ratios were true for all the students at PSU, how many students would have brown eyes? (27670 students in the student body.) Students
Now consider a bag of ten colorful marbles. You reach into the bag 100 times. Each time you pull out a marble, write down what color it was, then put it back in the bag and do it again. You record the following data: Table describing marble frequency Color Frequency Red 22 Yellow 9 Green 41 Blue 28
Here is a set of data. 75 90 108 266 391 469 560 690 694 725 798 803 857 964 Identify the 5 number summary (min, Q1, median, Q3, max)
Which of these frequency counts would be represented by the smallest number of dots on a dot plot? A. 8 B. 9 C. 7 D. 6
Here is a set of data. 27 231 276 283 299 308 321 407 567 584 587 625 737 830 966 974 Identify the 5 number summary (min, Q1, median, Q3, max)
L1Q7.The following table shows the number of people who have different eye color and hair colors.
Use R to create an absolute frequency histogram for the sampled number of residents in 2010 by census tract. POP2010: 3030, 2132, 3496, 2696, 3375, 4380, 4741, 4288, 7290, 3861, 2973, 2823, 2767, 3948, 2662, 2719, 2670, 4953, 4000, 6538, 6426, 6903, 4222, 3339, 3683, 4884, 2561, 2655, 8383, 5021, 5334, 4206, 3988, 3227, 4963, 2962, 4291, 2089, 1926, 1705, 5578, 4473, 5697, 3086, 4362, 4832, 4099, 3620, 2685, 3475, 1568, 3491, 3697, 4268, 3922, 2719, 4209, 3616, 4517, 4635, 3068, 3388, 3562, 3813, 2504, 3418, 3479, 2835, 5916, 3587, 4140, 3238, 6183, 5470, 3897, 3175, 4673, 4964, 3149, 5940, 3307, 2620, 3825, 3547, 2189, 2715, 3807, 3709, 5781, 1634, 6252, 3503, 2079, 3828, 1980, 2272, 4827, 3594, 4778, 3480, 4799, 2208, 3666, 3726, 5581, 3517, 2674, 2000, 4343, 4339, 1733, 4792, 5722, 3996, 4563, 3642, 2090, 4358, 1658, 3388, 2703, 2976, 2417, 5003, 5574, 4842, 4045, 2898, 2792, 2349, 2920, 4174, 1402, 4796, 4753, 2644, 6311, 4701, 4110, 4645, 3426, 4493, 4552, 3823, 3873, 3281, 2819,…
The frequency which is calculated dividing the frequency by the cumulative frequency and multiplied by 100 is a. Class width b. Range c. Relative frequency d. Mid- Poirt
use the data from the table below to create intervals and frequency tables. Show all your work.
A group of students were surveyed about the number of siblings they have. Their responses are summarized in the frequency table below. How many students responded to the survey? Number of Siblings Frequency 0 6 1 8 2 5 3 3 4 1 5 or more 3