Suppose a box contains 40 tickets: 18 labeled 5 and 22 labeled -5. We are going to draw 1000 times with replacement from the box and keep track of the sum of the values on the tickets. Which of the following are TRUE statements? Check all that apply. a. The average of the ticket values in the box is -0.5. b. We expect the sum to be close to -500, but probably not exactly -500. c. The sum must fall between -5000 and 5000. d. We will get 450 tickets labeled 5. e. We expect to get a sum of -500, but there's a small chance we might get something different.
Suppose a box contains 40 tickets: 18 labeled 5 and 22 labeled -5. We are going to draw 1000 times with replacement from the box and keep track of the sum of the values on the tickets. Which of the following are TRUE statements? Check all that apply. a. The average of the ticket values in the box is -0.5. b. We expect the sum to be close to -500, but probably not exactly -500. c. The sum must fall between -5000 and 5000. d. We will get 450 tickets labeled 5. e. We expect to get a sum of -500, but there's a small chance we might get something different.
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
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Chapter14: Counting And Probability
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Suppose a box contains 40 tickets: 18 labeled 5 and 22 labeled -5. We are going to draw 1000 times with replacement from the box and keep track of the sum of the values on the tickets.
Which of the following are TRUE statements? Check all that apply.
a. The average of the ticket values in the box is -0.5.
b. We expect the sum to be close to -500, but probably not exactly -500.
c. The sum must fall between -5000 and 5000.
d. We will get 450 tickets labeled 5.
e. We expect to get a sum of -500, but there's a small chance we might get something different.
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