Find the expected value of the probability model.
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Below is a partially complete probability model. Enter the
probability for the final outcome.
| outcome | 1.5 | 3 | 5 | 5 |
| probability | 0.1 | 0.1 | 0.15 |
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- A roulette wheel has 38 numbers: 18 are black, 18 are red, and 2 are green. Suppose you bet $1 on red. If you win, you win $2; otherwise, you win nothing. Find your expected value for this bet. Round all dollar values to two decimal places. Event Value Probability Value × Probability $ $ $ $ $ $ Expected Value = $ ____________ per betThe table gives a set of outcomes and their probabilities. Let A be the event "the outcome is greater than 5". Find P(not A). Outcome Probability 1 0.34 0.09 0.07 4 0.11 0.12 0.27Help Save & Exit The contingency table below summarizes a survey of 1,000 bottled beverage consumers. 14 Lives in a state Lives in a state with with a deposit law no deposit law 197 Row Total Recycles beverage bottles Does not recycle beverage bottles Column Total 144 341 51 195 608 659 805 1,000 Find the following probabilities or percentages. (a) Probability that a consumer recycles beverage bottles. (Round your answer to 2 decimal places.) PRecycles) (b) Probability that a consumer who lives in a state with a deposit law does not recycle. (Round your answer to 2 decimal places.) PDon't Recycle I Lives in Deposit Law State) (c) Percentage of consumers who recycle and live in a state with a deposit law. (Round your answer to 1 decimal place.) Percentage of consumers (d) Percentage of consumers in states with a deposit law who recycle. (Round your answer to the nearest whole percent.) Percentage of consumers Mc Graw Hill ation 14 of 19 Next > Type here to search 144
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- Below is a partially complete probability model. Outcome 0.5 1 1.5 4 Probability 0.35 0.2 0.15 ? Enter the probability for the final outcome. Find the expected value of the probability model.The events of A and B are mutually exclusive. Suppose P(A) 0.2 and P(B) = 0.1. What is the probability of either A or B occurring? What is the probability that neither A nor B will happen? Next page TOSHIEThe table gives a set of outcomes and their probabilities. Let A be the event "the outcome is less than or equal to 2". Find P(not A). Outcome Probability 1 0.52 0.05 0.1 4 0.11 0.22
