Lottery: In the New York State Numbers Lottery, you pay $1 and pick a number from 000 to 999. If your number comes up, you win $550, which is a profit of $549. If you lose, you lose $1. Your probability of winning is 0.001. Part: 0/2 Part 1 of 2 (a) What is the expected value of your profit? Round the answer to two decimal places. The expected value of profit is X G

Q: Belief in UFOs A survey found that 5% of people believe that they have seen a UFO. Choose a sample…

A: In this problem we will be using binomial distribution.  n=15 Now lets assume that X be the random…

Q: Belief in UFOs A survey found that 5% of people believe that they have seen a UFO. Choose a sample…

A: Given that a survey found that 5% of people believe that they have seen a UFO. Probability, p = 5% =…

Q: Decide whether or not the two events in question are independent or whether it is not possible to…

A: Consider two events, A and B. Independent Events: The events A and B are said to be independent, if…

Q: GED: In a certain high school, the probability that a student drops out is 0.03, and the probability…

A: Let D=a students drops out G= a students get GEDgiven,P(D)=0.03P(G|D)=0.32

Q: The type and number of fish caught in the Charleston Harbor in March was recorded for a month. The…

A:

Q: In the 2010 US Census, we learn that 13% of all people in the US are 65 years old or older. If we…

A: Solution: Let X be the number of people are 65 or older and n be the sample number of people. From…

Q: Soxteen percent of U.S. residents are in their twenties. Considor a group of six U.S residents…

A:

Q: Find the probability that there is one H when a fair coin is flipped three times. % (Round the…

A: The objective is to find the probability that there is one H when a fair coin is flipped three…

Q: You roll a number cube. Find p (odd)

A: Number cube has 6 faces. The sample space is S={1,2,3,4,5,6} P(odd)=?

Q: The company can expect to pay out $ (Type an integer or a decimal.) over the year after the policies…

A: here given , An insurance company has written 50 policies for $90,000, 100 policies for $30,000, and…

Q: Sam is practising free-throws in basketball. She has a 4/5 chance of scoring each time she shoots…

A:

Q: Medication Effectiveness A medication is  69% effective against a bacterial infection. Find the…

A: X~ Binomial(n ,p)  Then formula  P(X = x) = nxpx(1-p)n-x   ; x = 0,1,.., n

Q: Find the probability. (Round your answer to four decimal places.) 5 0 5 .9 5

A: As we know that formula of combination is:

Q: You play a video game. In the game, when you kill the final boss, there is a probability of 5.11%…

A:

Q: Mail Order A mail order company has a 11% success rate. If it mails advertisements to 521 people,…

A:

Q: 2.16 PB & J: Suppose 82 % of people like peanut butter, 91% like jelly, and 71% like both. Given…

A:

Q: Life Insurance Miranda decided to buy a $50,000 term life insurance policy from Palmetto Insurance…

A:

Q: (a) Find the probability that the client drives less than 10,000 miles/year and has an accident. (b)…

A: The data is given by   < 10000 10000 - 20000 20000 < Total Accident 0.06 0.10 0.29 0.45…

Q: Belief in UFOS A survey found that 20% of people believe that they have seen a UFO. Choose a sample…

A: Given,n=11p=0.20q=1-p=1-0.20=0.80Let X=no.of people who believe  that they haveseen a…

Q: The average time it takes a salesperson to finish a sale on the phone is 9 minutes and is…

A: 2c) According to the given information,Mean, μ = 9 minutes.Let X be a random variable represents the…

Q: in what year was NHS PPP seen to be most effective same for sugar tax and phsycial and healthy…

A: Given, NHS PPP has been seen to b effective same for sugar and physical and healthy eating campaigns…

Q: At LaGuardia Airport for a certain nightly flight, the probability that it will rain is 0.07 and the…

A: It is given that, the probability that it will rain is, P(Rain) = 0.07.

Q: In playing a game, you win or lose $1 with probability 1/3 each, and with probability 1/3 you win…

A: x=win or lose the game   x PX=x xPX=x x2PX=x Win $1 1 13 0.3333 0.3 Lose $1 -1 13 -0.3333 0.3…

Q: Find the probability that the die lands on a FIVE,

A: The total possible outcomes of six-sided die are {1,2,3,45,6}