Maitreyi loves playing online video games. The game offers players various digital loot boxes that give players a chance to win items that can be used in the game. The players can use currency earned within the game to buy these loot boxes. The prizes can be used by the player or sold to other players in the game. If she spends 150 coins to buy a loot box there is a 1 in 3000 chance she wins a prize worth 5,000 coins, a 377 in 3000 chance she wins a prize worth 450 coins or she just wins a prize worth 150 coins. S7SACS22Q1VC 1. Create a discrete probability distribution for the value of the prize won. Coins Probability 2. What is the probability she wins a prize worth 150 coins? Note: ok to leave as an unreduced fraction 3. Find the expected value of a loot box she spent 150 coins on. 4. Interpret the expected value found in part 3.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 11CYU
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Please answer all of the question in the picture and show your work please.

Directions: Type all of your work out OR complete on a separate sheet of paper, take a picture of it, and upload the image.
Maitreyi loves playing online video games. The game offers players various digital loot boxes that give players a chance to win items that can be
used in the game. The players can use currency earned within the game to buy these loot boxes. The prizes can be used by the player or sold to
other players in the game. If she spends 150 coins to buy a loot box there is a 1 in 3000 chance she wins a prize worth 5,000 coins, a 377 in 3000
chance she wins a prize worth 450 coins or she just wins a prize worth 150 coins.
S7SACS22Q1VC
1. Create a discrete probability distribution for the value of the prize won.
Coins
Probability
2. What is the probability she wins a prize worth 150 coins? Note: ok to leave as an unreduced fraction
3. Find the expected value of a loot box she spent 150 coins on.
4. Interpret the expected value found in part 3.
Transcribed Image Text:Directions: Type all of your work out OR complete on a separate sheet of paper, take a picture of it, and upload the image. Maitreyi loves playing online video games. The game offers players various digital loot boxes that give players a chance to win items that can be used in the game. The players can use currency earned within the game to buy these loot boxes. The prizes can be used by the player or sold to other players in the game. If she spends 150 coins to buy a loot box there is a 1 in 3000 chance she wins a prize worth 5,000 coins, a 377 in 3000 chance she wins a prize worth 450 coins or she just wins a prize worth 150 coins. S7SACS22Q1VC 1. Create a discrete probability distribution for the value of the prize won. Coins Probability 2. What is the probability she wins a prize worth 150 coins? Note: ok to leave as an unreduced fraction 3. Find the expected value of a loot box she spent 150 coins on. 4. Interpret the expected value found in part 3.
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