Can you solve this please? • Question 7To earn full credit for this question, use your own sheet of paper to solve the problem, showing all steps ofyour workA ping pong ball is drawn at random from an urn consisting of balls numbered 4 through 9. A playerwins $1 if the number on the ball is odd and loses $1.5 if the number is even.Let x be the amount of money a player will win/lose when playing this game, where x is negativewhen the player loses money.(a) Construct the probability distribution table for this game. Round your answers to two decimalplaces.OutcomeProbability P(x)(b) What is the expected value of player's winnings? Round to the nearest hundreth.(c) Interpret the meaning of the expected value in the context of this problem.Use the space below to type your answer AND/OR to uoload a oicture of your work for all thequestionsin this problem.

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Description: Can you solve this please? • Question 7To earn full credit for this question, use your own sheet of paper to solve the problem, showing all steps ofyour workA ping pong ball is drawn at random from an urn consisting of balls numbered 4 through 9. A p

Answered: Can you solve this please?

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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Can you solve this please?

Expert Solution

Step 1

(a)

Given that the urn contains balls numbered 4 to 9.

Sample space={4,5,6,7,8,9}

That is there are 6 balls, the probability of drawing each ball has equal probability 1/6.

Let x be the amount of money a player will win or lose.

If x lands on odd then the player will win $1.

That is ,if x lies on {5,7,9} the player wins $1.

If x lands on even then the player will lose $1.5.

That is, if x lies on {4,6,8} the player loses $1.5.

The probability distribution table is constructed below.

Outcome	x	probability, P(X)
4	-1.5	1/6
5	1	1/6
6	-1.5	1/6
7	1	1/6
8	-1.5	1/6
9	1	1/6

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