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: 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: The probability that a spark plug is defective is 35%. Suppose that a person buys 7 spark plugs.…

A:

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: Question 3. experiment are given in the table below. Süppose the odds against the three possible…

A:

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

A:

Q: Auto Repair Insurance A person calls people to ask if they would like to extend their automobile…

A: Given : p = 0.31 q = 1-p    = 1 - 0.31    = 0.69 n = 10

Q: GED: In a certain high school, the probability that a student drops out is 0.06, and the probability…

A: Let us define some events A : a student dropouts. B : a student does not dropout. E :  a student…

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

A:

Q: Find the indicated probability and interpret the result. From 1975 through 2020, the mean annual…

A: The mean is 652, the population standard deviation is 1539 and the sample size is 32.

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: If P(A and B) P(A) . P(B) then A and E %3D are

A: The probability of A and B means that the probability of two events at the same time

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: - A university conducted a survey of 373 undergraduate students regarding satisfaction with student…

A: The total number of students is n = 373.

Q: Question 3 Assume that the probability of a toss of an unfair coin resulting in heads is known to be…

A: given data, probability of a toss of an unfair coin resulting in heads is known to be 0.0062p(toss…

Q: (a) How many red lights should she expect to hit each day? Expect to hit red lights. (Round to one…

A: The probability distribution of X is given by X 0 1 2 3 4 5 P(x) 0.04 0.24 0.34 0.16 0.13 0.09

Q: (a) A red card P (red card) = %3D

A: Total number of cards in a deck = 52 Number of red cards = 26

Q: You are playing a game where you flip 3 coins, if you get all tails you lose $15, for er heads you…

A: Given: 3 coins are flipped If you get all tails you lose $15, for each heads you get $3.

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

A: Given,n=11p=0.05q=1-pq=1-0.05=0.95Let X=no.of people believe that they have seen 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: A building contractor buys 80% of his cement from supplier A and 20% from supplier B. A total of 75%…

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: A Statistics student was asked to solve the problem below. See the student’s attempt at the question…

A: Consider X be a random variable which follows Poisson distribution indicates the number of accidents…

Q: Babies STEM The proportion of babies born in the United States that are boys has historically been…

A: We have given that  Sample size n =45 Population proportion p =0.513

Q: In a certain​ year, just the top six countries accounted for over 55​% of cell phone subscriptions…

A: Given, Numbar of countries = 6 Total number of cell phone subscriptions:   Total =…

Q: In an experiment, college students were given either four quarters or a $1 bill and they could…

A:

Q: David the promoter of an outdoor concert expects a net profit of $100,000, unless it rains which…

A: Given David the promoter of an outdoor concert expects a net profit of $100,000, unless it rains…

Q: Question 9 The probability of (E) is 0.97. Find the odds against (E).

A: Answer:9-  Given, the probability P(E) = 0.97                   Find the odds against (E)

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}