5. Slot Machine Jackpots-At Foxwoods Casino, the probability of winning the slot machine jackpot if 5 quarters are placed in the machine before you pull the handle is 1/82,456,732. If you placed this 5-quarter bet each week for 30 years, you would play this slot machine 1560 times. a) Find the mean and standard deviation for the number of jackpots a person would win if they played this bet every week for 30 years. b) Would it be unusual for someone to win this jackpot at least once if they placed this 5-quarter bet each week for 30 years?

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5. Slot Machine Jackpots -At Foxwoods Casino, the probability of winning the
slot machine jackpot if 5 quarters are placed in the machine before you pull
the handle is 1/82,456,732.
If you placed this 5-quarter bet each week for 30 years, you would play this
slot machine 1560 times.
a) Find the mean and standard deviation for the numnber of jackpots a
person would win if they played this bet every week for 30 years.
b) Would it be unusual for someone to win this jackpot at least once if they
placed this 5-quarter bet each week for 30 years?
Transcribed Image Text:5. Slot Machine Jackpots -At Foxwoods Casino, the probability of winning the slot machine jackpot if 5 quarters are placed in the machine before you pull the handle is 1/82,456,732. If you placed this 5-quarter bet each week for 30 years, you would play this slot machine 1560 times. a) Find the mean and standard deviation for the numnber of jackpots a person would win if they played this bet every week for 30 years. b) Would it be unusual for someone to win this jackpot at least once if they placed this 5-quarter bet each week for 30 years?
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