5. Five hundred tickets will be sold and these will be raffled during the town fiesta. One of these tickets will win P3000 and the rest will win nothing. What will be the expected outcome and variance of your gain if you will buy one of the tickets? 6. Astrid tosses an unbiased coin. On each toss, she wins P50 if a head appears, and loses P40 if a tail appears. What will be the expected value and variance of her gain?

5. Five hundred tickets will be sold and these will be raffled during the town fiesta. One of these tickets will win P3000 and the rest will win nothing. What will be the expected outcome and variance of your gain if you will buy one of the tickets? 6. Astrid tosses an unbiased coin. On each toss, she wins P50 if a head appears, and loses P40 if a tail appears. What will be the expected value and variance of her gain?

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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