Lottery: In the New York State Numbers lottery, you pay $3 and can bet that the sum of the numbers that come up is 13. The probability of winning is 0.095, and if you win, you win $7.50, which is a profit of $4.5. If you lose, you lose $3. 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

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: A scientist conducts an experiment with mice. Mice entered a room and had to choose between going…

A:

Q: A "friend" offers you the following "deal". For a $10 fee, you may pick an envelope From a box…

A: Given- A "friend" offers you the following "deal". For a $10 fee, you may pick an envelope from a…

Q: th What is the probability that you don't find a coupon until your 1o™ try? O A. 0.0347 O B. 0.4167…

A: Given Data Probability of success,p = 0.15

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: 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: According to recent research, 39% of Americans have less than $350 in the bank for an emergency. Let…

A:

Q: GED: In a certain high school, the probability that a student drops out is  0.05, and the…

A: It is given that, the probability that a student drops out is 0.05, and the probability that a…

Q: Giving a test to a group of students, the grades and gender are summarized below A B C Total Male 14…

A:

Q: costs $49 to roll a pair of dice. You get paid 7 dollars times the e numbers that appear on the dice…

A: We first make a probability distribution for the winnings when a pair of dice are thrown. sum…

Q: Probability A six-sided number cube is rolled and the proportion of 3s is calculated. The graph…

A: Solution: The proportion of 3 means that the number of times 3 comes in the total number of times…

Q: McDonald's Monopoly game says the odds of winning are 1 in 4. This means, statistically speaking: on…

A: Given that, odds= 1:4

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

A:

Q: Destination Weddings Twenty-six percent of couples who plan to marry this year are planning…

A: Givenp=26%=0.26n=3x~Binomial(n=3,p=0.26)P(X=x)=(nx)×px×(1-p)n-x     ; x=0,1,...,n

Q: Suppose the newspaper states that the probability of rain today is 40%. What is the complement of…

A: given data  probability of rain today = 40% in symbol : p(rain today) = 0.40

Q: Help me solve # 4

A: Probability is a measure of how likely an event will occur. For a probability distribution, the sum…

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: Part 1 Directions: Using a spinner, conduct an experiment to compare experimental probability with…

A: The objective is to compare experimental probability with theoretical probability using the spinner.…

Q: Belief in UFOs A survey found that 10% of people believe that they have seen a UFO. Choose a sample…

A:

Q: Subject : Probability if you toss coin 4,000 times (head and tails), the outcomes will be close to…

A: Given information: n = 4000 p = 0.50(Probability of getting tail in a fair coin toss)

Q: 9) A golfer putts the ball into the hole 48.7% of the time (if wihtin 10 feet of the hole). Find the…

A: Let us assume X= number of times he put the ball in the hole. Number of trials = n= 7 Probability of…

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: dice game works like this: If you roll a 1, 2 or 5, you lose $60. If you roll a 3, you win $300. If…

A:

Q: (a) Over the long term, what is your expected profit of playing the game?

A: Here given , Two dice are rolled in game And there are total outcomes possible on each die are 6 And…

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: Part 2 of 3 (b) 3 or 4 people believe that they have seen a UFO P(3 or 4 people believe that they…

A: Given : Probability of success = p = 0.05 Number of trials = n = 12