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Given that In a certain instant lottery game, the chance of a win is stated as 20% i.e, The total…

Answered: In a certain instant lottery game, the…

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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Similar questions

If the probability that a professor correctly writes a slide is 0.80, what is the probability that at least 6 out of 8 slides are correct? Round your answer to two decimal places. Write your answer as a fraction not as a percentage (i.e. write as 0.38 not as 38%).
The probability of an event occurring is 3/7. Determine the odds against the event occurring.
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The probability of winning $20 in a particular lottery is 0.04 What is the probability that you will get at least one $20 winner if you buy 90 tickets? Round to three decimal places.
Suppose we are flipping an unfair coin until we get a head with the probability of obtaining a tail at 75%. What is the probability of obtaining a head on the third flip? Report your answer as a decimal and round to the nearest thousandth.
An insurance company sells a $12,000, five-year term life insurance policy to an individual for $640. Find the expected return for the company if the probability the individual will live for the next five years is 0.98. (Round your answer to the nearest cent.) (Don't Hand writing in solution) .
Suppose the probability of Harry not attending ceremony is 7 1 The probability of Harry and Chris attending ceremony is 5. Find the probability that Harry will attend the ceremony and Chris will not attend the ceremony. (Round your answer to three decimal places.)
You purchase boxes of cereal until you obtain one with the collector's toy you want. If, on average, you get the toy you want in every 23rd cereal box, what is the probability of getting the toy you want in any given cereal box? Round the final answer to three decimal places.
Suppose that at a college, 55% of the students earn a degree at the end of four years and 27% earn a degree at the end of five years. What is the probability of earning a degree at the end of four or five years? Give your answer exactly as a decimal (not as a percent).
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Ashley’s Internet service is terribly unreliable. In fact, on any given day, there is a 60% chance that her Internet connection will be lost at some point that day. What is the probability that her Internet service is not broken for seven days in a row? Enter a fraction or round your answer to 4 decimal places, if necessary.

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In a certain instant lottery game, the chance of a win is stated as 20%. Express the indicated degree of likelihood as a probability value between 0 and 1 inclusive. ← The probability is. (Round to two decimal places as needed.)