In another game at Bonehead Casino in Reno, the player draws one card from a standard deck. If it is an A, wins $100 a Q, 8, wins $80 a K, wins $70 anything else, players loses It costs $25 to play (for each play). Now, Melvin plays the game 5000 times, Rufus plays the game 80,000 times. Find the probability that (a) Melvin makes $7000 or more. (b) Rufus makes $14,400 or more.

In another game at Bonehead Casino in Reno, the player draws one card from a standard deck. If it is an A, wins $100 a Q, 8, wins $80 a K, wins $70 anything else, players loses It costs $25 to play (for each play). Now, Melvin plays the game 5000 times, Rufus plays the game 80,000 times. Find the probability that (a) Melvin makes $7000 or more. (b) Rufus makes $14,400 or more.

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Similar questions

if Marlon has 8 pairs of socks (4 white, 2 black, 1 blue, and 1 red) what is the probability that he randomly chooses two pairs of white socks to wear on consecutive days? select one: a. 3/11 b.3/13 c.3/14 d.3/15 show solutions
Solve the following problems.A card is drawm from a deck of 52 cards. What is the probability that the card drawn isA. A face card or a spade?B. A red card or a face card?C. A black card or a diamond?D. an even number or a diamond?E. an odd number or a black card?
A card is drawn at random from a well-shuffled deck of 52 cards. Find the probability that the card drawn is a king or an ace.
You are playing Blackjack, and you have a 3, a 4, and a Q. Dealer has an Ace. What is the probability that the dealer wins with their second card if you decide to stand? a. 10/16 b. 8/16 c. 7/16 d. 9/16 e. None of the other answers is correct.
If you have a regular deck of 52 cards, what is the probability that, in a hand of 10 cards dealt randomly, all the cards are from the same suit? Write your answer in fractional form.
A and B play the following game. They throw alternatively a pair of dice. Whosoever gets sum of the two numbers on the top as seven wins the game and the game stops. Suppose A starts the game. Find the probability (a) A wins the game (b) B wins the game.
Tom has a standard set of pool balls. If he were to draw one ball at random, what is the probability that it will be red or yellow? Give your answer in its simplest form.
Ernie has a bag of candy that contains 8 peppermint patties and 12 caramels. If he reaches into the bag and pulls out one bar and then a second bar at random, what is the probability that they will both be peppermint patties? O 2/3 2/5 7/19 O 14/95
Two dice, one green and one yellow, are rolled. Find the conditional probability. The sum is 12, given that the green one is either 1 or 5 and the yellow one is 1.
Two cards are drawn at random and replaced after each draw. Given that the first card was a Jack of Hearts, find the probability that the second card was a diamond.