Pick a card. If you get an ace, you win $100. If you get a two or three or four, you win $80. Otherwise, you lose $60. Let the random variable X be the amount that you win or lose. Find the probability distribution of X

Pick a card. If you get an ace, you win $100. If you get a two or three or four, you win $80. Otherwise, you lose $60. Let the random variable X be the amount that you win or lose. Find the probability distribution of X

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

Related questions

Q: Sixty percent of consumers prefer to purchase electronics online. You randomly select 8 consumers.…

A: Let the R.V X denotes the number of consumers prefer to purchase electronics online and it follows…

Q: Find the indicated probability. If P(A or B)equals=0.6, P(A)equals=0.5, and P(A and…

A: Given thatP (A or B) = 0.6P (A) = 0.5P (A and B) = 0.25Find P (B)

Q: Find the Indicaled PA or b)= (Simplify your answer. Type an integer or a decimal.) If P(A and B) =…

A: Given P(A and B)=0.4, P(A)=0.6, and P(B)=0.5, find P(A or B)

Q: Determine if each event is independent or dependent. Then find the probability. A green die and…

A: roll a green die and a red die . each die has outcome 1 to 6. P(4 on green die and 5 on red die)…

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

Q: A coin tossed three times. Find the probability of getting Two heads and one tail show the working..

A: Given data: A coin tossed three times. To Find: The probability of getting Two heads and one tail.

Q: Baseball player has .265 batting average. Probability that he gets 6 hits in next 7 at bats

Q: Jeremy sells a magazine which is produced in order to raise money for homeless people. The…

A: Given:n = number of trials =20 (since Jeremy approaches 20 people)p = probability of success on each…

Q: d. For the 11 people, find the probability that the average age that they learned to walk is between…

A: Mean=11, standard deviations=1.5 X ~N(11,1.5), n=11

Q: The probability of an event is given. Find the odds in favor of the event. 0.35

A: The formula for calculating the odds in favor of the event is, The probability of event occurs is…

Q: If a die is rolled one time, find the probability of getting a 5 or an odd number. 0.5 0.3 0.6 O 0.4

A: We want to tell you which one is the correct choice

Q: You believe that there is a 30% chance you will earn an A in your English class, a 20% chance that…

A: let A be the event of earning A in english class P(A)=0.30 B be the event of earning A in maths…

Q: For a fundraiser, 1000 raffle tickets are sold for $2 each with a chance to win $200 in cash. You…

A: Probability: Probability is the measurement of the probability that an event will occur in a Random…

Q: Toss a balanced dice once. Find the probability to get a 6. If you are given that even numbers are…

Q: Roll a pair of dice. What is the probability of rolling either a total less than four or a total…

A: Roll a pair of dice Total possible outcomes=6×6=36 Sample space =S…

Q: For a fundraiser, 1000 raffle tickets are sold for $2 each with a chance to win $200 in cash. You…

A: The cost of each ticket is $2. The winning price is $200 in cash. Number of tickets sold = 1000

Q: The function f(x) = for z 0,1, 2, 3 is a probability distribution. Select one: O a. FALSE O b. TRUE

Q: the probability of an event is givsen, find the odds of the event. .045

Q: You randomly select one card from a 52-card deck. Find the probability of selecting a red card. A.…

A: We have to find probability of getting red card.

Q: Find the probability of the given event.A card drawn from a well-shuffled deck of 52 cards is an ace…

Q: Allie plays on the varsity basketball team and makes 79% of her free throws. If she takes 12 shots,…

A: Given : p = 0.79 q = 1 - p = 1 - 0.79 = 0.21 n = 12 we have find P(x = 8) here, x follow a binomial…

Q: Provide an appropriate response. Assume that male and female births are equally likely and that the…

Q: You randomly pick one card from a 52-card deck. Find the probability that you get a King. 1…

Q: (i) Find the Probability that it is an Ace, Jack, Queen, or King. (ii) It is a Jack, Queen, or King.

A: HERE GIVEN , THERE are total 52 cards in deck here use basic probability probability = no of…

Q: Find the probability that x falls in the shaded area. HO 2 3 4 5 6 7 8 9 10 X

A: Given diagram,We have to find the Probability that X falls in the shaded area .

Q: Design a simulation that you can use to model the situation. Then use your simulation to find the…

A: To estimate the experimental probability that exactly 1 out of the next 2 meals is overcooked, we…

Q: Three friends go bowling. They each throw strikes 51%, 72%, and 26% of the time respectively. Find…

A: Let A be the event that first friend throw strikes B be the event that second friend throw strikes…

Q: Estimate the probability of the event. Of 1936 people who came into a blood bank to give blood,…

Q: Use the chart below to answer questions 1-6 about the ACT's. The ACT is a standardized test used by…

Question

Pick a card.
If you get an ace, you win $100.
If you get a two or three or four, you win $80.
Otherwise, you lose $60.
Let the random variable X be the amount that you win or lose.
Find the probability distribution of X

Video Video

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

A jar contains 6 pennies, 5 nickels and 4 dimes. A child selects 2 coins at random without replacement from the jar. Let X represent the amount in cents of the selected coins. Be very precise with your answers. Find the probability X = 2 cents. Find the probability X = 6 cents. Find the probability X = 10 cents.
Roll a die once and record the number on the top. Find the probability of the event at the number on the top is at most 4. O 2/3 O 1/3 1/6 O 5/6
The probability of an event is given. Find the odds in favor of the event. 0.65
There is a lottery drawing every Wednesday from the school store. You have to choose 5 numbers from 1-30. You can purchase 2 tickets. What is the probability of you winning if you purchase 2 tickets? a 0.000012 b 0.00014 0.00000012 d. 0.000014
A bag of skittles contain 18 yellow , 12 green, 20 red , 10 orange and 14 purple skittles. Find the probability P( Purple | red ) . a. 0 b. 7/18 c. 7/37 d. 7/27
Open image in a new tab to make it bigger or zoom in.
Calculate the Probability. Probability of rolling a sum of 2 or 4 when given two dice.
Field goals A nervous kicker usually makes 70% of hisfirst field goal attempts. If he makes his first attempt, hissuccess rate rises to 90%. What is the probability that hemakes his first two kicks?
need help please
A student response is selected at random from the results. State the exact probability the student response is from a freshman, given the student prefers to watch reality shows on television.
The probability of an event is given. Find the odds in favor of the event. 0.45
At a meeting there are 6 juniors and 12 seniors. Four people are selected at random, one at a time for a committee – WITHOUT REPLACEMENT. Find each probability.. P(all juniors)