Rafile Things to da: Make a plan for a Christmas raffle bonanza in which the PWD (Person with Disability) will be the beneficiaries. The plan should consist of the number of tickets corresponding prizes. Let X be the random variable representing your net gain per d the amount per ticket, and the number of winners and their teleet, and compute fhe expected value of X and the net gain if all tickets will be old out. Also, using your creativity prepare a sample of your ticket. You may use the sample guide to complete your task. Name of Project Brief Description Number of tickets to be sold Price of ticket to be sold Winners and prizes: Expected Value of X: (MMease show the probability distributions and your solutio1) Net Gain of the Project: Sample Ticket:

Rafile Things to da: Make a plan for a Christmas raffle bonanza in which the PWD (Person with Disability) will be the beneficiaries. The plan should consist of the number of tickets corresponding prizes. Let X be the random variable representing your net gain per d the amount per ticket, and the number of winners and their teleet, and compute fhe expected value of X and the net gain if all tickets will be old out. Also, using your creativity prepare a sample of your ticket. You may use the sample guide to complete your task. Name of Project Brief Description Number of tickets to be sold Price of ticket to be sold Winners and prizes: Expected Value of X: (MMease show the probability distributions and your solutio1) Net Gain of the Project: Sample Ticket:

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...

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Concept explainers

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.

Question

100%

Raffle for a Causel
Make a plan for a Christmas raffle bonanza in which the PWD (Person with
corresponding prizes. Let X be the random variable representing your net gain per
Disability) will be the heneficiaries. The plan should consist of the number of tickets
Things to ela:
Disab the amount per ticket, and the number of winners and their
telest. and compute fhe expected value of X and the net gain if all tickets win be
uchit Also, using your creativity prepare a sample of your ticket. You may use
the sample guide to complete your task.
Name of Project
Brief Description
Number of tickets to be sold
Price of ticket to be sold
Winners and prizes:
Expected Value of X:
(PMease show the probability
distributions and
your solution)
Net Gain of the Project:
Sample Ticket:

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