In a state's Pick 3 lottery game, you pay $1.42 to select a sequence of three digits (from 0 to 9), such as 544. If you select the same sequenceof three digits that are drawn, you win and collect $369.37. Complete parts (a) through (e).a. How many different selections are possible?10b. What is the probability of winning?1(Type an integer or a decimal.)1000c. If you win, what is your net profit?$ 370.79 (Type an integer or a decimal.)d. Find the expected value.2$(Round to the nearest hundredth as needed.)e. If you bet $1.42 in a certain state's Pick 4 game, the expected value is - $1.05. Which bet is better, a $1.42 bet in the Pick 3 game or a$1.42 bet in the Pick 4 game? Explain.O A. Neither bet is better because both games have the same expected value.B. The Pick 4 game is a better bet because it has a larger expected value.C. The Pick 3 game is a better bet because it has a larger expected value.

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Answered: In a state's Pick 3 lottery game, you…

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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A task requires the completion of four activities. A teacher would like to know if differences in the sequence of the four activities results in different task completion times. The teacher selects three students and demonstrates the activities in random order to the students. Then each student completes the task with each of the activity sequences. The completion times are recorded. The following table shows the minutes for each student to complete each task. Students (minutes) Sequence Allen Carla Henry A 21.5 20.5 22.2 17.3 19.1 21.1 20.0 20.5 22.4 20.6 17.6. 21.5 BUD C Click here for the Excel Data File.
Topic: Choosing ping-pong balls without replacement.There are 5 white and 2 orange ping-pong balls in a brown paper bag. Two balls are randomly chosen.Enter your answers as fractions. They do not need to be reduced.(The "Preview" simply displays your answer in nice mathematical text.It does not mean that your answer is either right or wrong.)a) How many total balls are in the bag at the start? b) What is the probability that the 1st ball is orange?P(1st = orange) = c) What is the probability that the 2nd ball is also orange, given that the 1st ball was orange?P(2nd = orange | 1st = orange) = d) What is the probability that both the 1st and the 2nd balls are orange?
In a state's Pick 3 lottery game, you pay $1.29 to select a sequence of three digits (from 0 to 9), such as 722. If you select the same sequence of three digits that are drawn, you win and collect $470.32. Complete parts (a) through (e) a. How many different selections are possible? b. What is the probability of winning? |(Type an integer or a decimal.) c. If you win, what is your net profit? $ Type an integer or a decimal.) d. Find the expected value. $ (Round to the nearest hundredth as needed.) e. If you bet $1.29 in a certain state's Pick 4 game, the expected value is - $0.82. Which bet is better, a $1.29 bet in the Pick 3 game or a $1.29 bet in the Pick 4 game? Explain. O A. The Pick 3 game is a better bet because it has a larger expected value. O B. The Pick 4 game is a better bet because it has a larger expected value. OC. Neither bet is better because both games have the same expected value. Click to select your answer(s). ch4Bprac.pdf A Speech Present.pptx 2 pecha kucha…
You pick 6 digits (0-9) at random without replacement, and write them in the order picked.What is the probability that you have written the first 6 digits of your phone number? Assume there are no repeats of digits in your phone number.Give your answer as a fraction.
What is the probability of winning a lottery in which you must choose 6 numbers from the numbers 1 through 14? a. What is the probability of winning assuming that order is unimportant? a. Assuming that order is unimportant. b. Assuming that the order matters. (Type an integer or a simplified fraction.)
In a state's Pick 3 lottery game, you pay $1.35 to select a sequence of three digits (from 0 to 9), such as 300. If you select the same sequence of three digits that are drawn, you win and collect $357.31. Complete parts (a) through (d). a. How many different selections are possible? b. What is the probability of winning?(Type an integer or a decimal.) c. If you win, what is your net profit?(Type an integer or a decimal.) d. Find the expected value. (Round to the nearest hundredth as needed.)
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