2. As part of a promotion to attract new customers, a bank launches the Wheel of Deposits."Each customer opening a new savings account has a chance to spin the wheel. The unbiasedwheel is divided into 10 slices that is labeled with an amount that will be deposited into his hernew account. Five of the slices are marked $10, two are marked $20, two are marked $30, andone is marked with $100.| What is the chance that a customer gets more than a $10 deposit?b. What is the chance that a customer gets a $20 or a $30 deposited?c. What is the chance that the next two customers each get $10 deposits?

Answered: Image /qna-images/answer/df653987-836d-4fe1-b846-56c2984cf108.jpg

Answered: 2. As part of a promotion to attract…

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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Your friend offers to place a bet with you. He will pay you $2 if your favorite sports team wins the game on Tuesday night. But you will pay him $3 if his team wins. Your team has an 55% chance of winning, whereas his only has a 45% chance. This bet is in your favor. True or False?
There is a game of chance called "Lightning Dice" at a charity carnival. It costs $2 to play. The player then rolls 4 dice. If the player rolls 3 or more sixes, then the player wins $30. Otherwise, the player wins nothing. How much can you expect to gain or lose if you play this game 68 times?
Charles has six songs on a playlist. Each song is by a different artist. The artists are Joey McIntyre, Whitney Houston, Aaron Carter, Shakira, Shania Twain, and Phil Collins. He programs his player to play the songs in a random order, without repetition. What is the probability that the first song is by Aaron Carter and the second song is by Joey McIntyre? Write your answer as a fraction or a decimal, rounded to four decimal places. The probability that the first song is by Aaron Carter and the second song is by Joey McIntyre is .
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Six friends play poker, each starting with $5. All bets are in multiples of $0.10. How many ways are possible for the redistribution of the $30 after the night of poker?
The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $9 each and will sell 600 tickets. There is one $1,000 grand prize, three $400 second prizes, and seventeen $30 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.
Suppose the probability of an IRS audit is 4.0 percent for U.S. taxpayers who file form 1040 and who earned $100,000 or more. ( (b) What are the odds against such a taxpayer being audited? (Round your answers to the nearest whole number.)
Suppose that you and a friend are playing cards and decide to make a bet. If your friend draws three twos in succession from a standard deck of 52 cards without replacement, you give him $100. Otherwise, he pays you $10. If the same bet was made 25 times, how much would you expect to win or lose? Round your answer to the nearest cent, if necessary. Answer Кeypad Keyboard Shortcuts O Win O Lose %24
The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $10 each and will sell 500 tickets. There is one $2,000 grand prize, three $400 second prizes, and fifteen $30 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 $10 each and will sell 700 tickets. There is one $3,000 grand prize, three $300 second prizes, and twelve $10 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.

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