Suppose you bet $8 on a horse at your favorite race track who's odds of winning are 3/8. A) what are the odds that your horse will not win? B) what is the probability that your horse will win? C) if your horse wins, how much will you recover when you present your winning ticket to the cashier?

Q: If 1000 tickets are sold for a raffle, find the probability of winning if an individual purchases…

A: Given: The total number of tickets sold for the raffle: 1000 tickets. a)- If an individual purchases…

Q: What are the odds of winning a raffle where 50 tickets were sold for a single $40 prize?

A: Solution

Q: A charity organization is holding a raffle. Each ticket costs $14. One winner will win $1500, two…

A:

Q: On a grocery store shelf, there are 16 loaves of white bread and 15 loaves of wheat bread. A shopper…

A: The objective of this question is to find the probability that a shopper randomly selects a loaf of…

Q: What is the probability of winning more than $5 in one play?

A: From the given information we have the following table after finding probability at P(X=5) = 0.09…

Q: Suppose you roll two six sided dice and add the results together. What are the odds that you will…

A: Suppose you roll two six sided dice and add the results together   The sample space would be :…

Q: A restaurant accepts cash or credit cards. The store manager knows the probability of a customer…

A: The random variable  is the number of customers using cash.Number of customers: Probability of a…

Q: Problem 9.3.8 A sample of 500 voters from Ontario and 700 voters from Quebec was taken. Number of…

A: OntarioQuebecSample size Liberal Voters

Q: What is the probability of choosing a penny from a jar of coins that contains 12 pennies, 19…

A: The objective of this question is to find the probability of choosing a penny from a jar of coins…

Q: You pay $20 to enter a raffle.  The first ticket drawn wins $990, the second ticket drawn wins $465,…

A: The objective of this question is to calculate the expected earning on a raffle ticket. The expected…

Q: You select a card from the standard deck of cards.  What is the probability that you will select a…

A: In a deck of cards Face cards = Jack, queen and king Total face cards = 3 x 4 = 12 Number of 8 cards…

Q: Camila sets up a passcode on her smart phone, which allows only five-digit codes. She has heard that…

A: Given : The passcode consists of 5 digits  Out of 5 digits one digit appeared 2 times (because…

Q: If the odds for a certain event are 25 to 27, what is the probability of the event occuring? Write…

A: Odds against = P(against)/P(favor) total number of occurrences = 25+27 = 52 P(event occurring) = ?

Q: You have 8 ruppees to gamble with your best friend, with capital of 5 Ruppees. The probability of…

A:

Q: If the odds in favor of winning a bet are 3:33, what is the probability of winning the bet? Write…

A: Given data:   The given odd in favor of winning a bet is O(E)=3:33.   The Depression for the odd in…

Q: You are randomly drawing a card from a deck, replacing it and then drawing another card. What is the…

A: we have to find given probability..

Q: What is the probability of choosing a penny from a jar of coins that contains 12 pennies, 19…

A: The objective of this question is to find the probability of choosing a penny from a jar of coins…

Q: You pay $20 to enter a raffle.  The first ticket drawn wins $912, the second ticket drawn wins $481,…

A:

Q: The results of a calculus exam are normally distributed with a mean of 76 and a standard deviation…

A: Obtain the Z-score for the random variable that X equals 70. The Z-score for the random variable…

Q: A bet on “black" in Roulette has a probability of 18/38 of winning. If you win, you double your…

A: Given data:     The given probability of winning is: P(W)=18/38.   The expression for the…

Q: 7 total students and 20 total faculty to pick from. You want to have 10 total people on the…

A: Given data: Total number of students = 7 Total number of faculty = 20 Number of people to be…

Q: Scott is at a charity fundraiser and has a chance of receiving a gift. The odds in favor of…

A: Scott has a chance of receiving a gift.The odds in favor of receiving a gift are .

Q: At Monday night Bingo, there is also a raffle being held for a 55-inch flat-screen television. If…

A: Solution-: Given: 120 tickets are purchased out of 1400 tickets We want to find what are the odds in…

Q: You pay $20 to enter a raffle.  The first ticket drawn wins $983, the second ticket drawn wins $474,…

A: The expectation of a discrete random variable X, denoted by E(X), is defined as a measure of central…

Q: A junk drawer at home contains nine pens, five of which work. What is the probability that you…

A: The objective of this question is to find the probability of picking three pens from a drawer, none…

Q: If the probability of winning a race is 3/8 what are the odds in favor of wining the race. Answer in…

A: From the provided information, The probability of winning a race (p) = 3/8

Q: You have a homework assignment that contains 12 questions. Your instructor will grade a set of 5…

A: Given: Total number of questions, n = 12            5 questions would be graded Part 1: The total…

Q: Show your complete and detailed solution.  What is the probability that the sum of 8 appears in a…

A:

Q: please, need solution  for part D. For the group of 45 patrons, find the probability that the…

A: Sample size n=45

Q: In a poker hand consisting of 5 cards, find the probability of holding (a) 3 jacks; (b) 3 clubs and…

A: Given that ,In a poker hand consisting of 5 cards .We have to find the probability of holding(a) 3…

Q: What is the probability that she will not have to stop at the light all next week?

A: It is given that the probability that the light will be red is 65% = 0.65

Q: It is 10am. There is a 20% probability the friend will arrive within how many minutes?

A: The graph attached is the uniform probability density function for a friend who is x minutes late.…

Q: Define what is meant by odds.

A: The odd is defined as the ratio of probability that the event will occur to the of the probability…

Q: Kenmore Hockey Team winning a game is 75%. How many times would you expect them to win in a 24 ga

A: This is the case of binomial, as there are only two possible outcomes which are independent and…

Q: the probability that a tire is defective is 30%. The owner of a company buys 8 tires. Then the…

A: The probability that the tire is defective=0.30 Number of tires company buys (n)=8

Q: What is the probability of being dealt two kings in a row from a deck of cards without replacing the…

A:

Q: What's the probability that his 10th roll will not be a six?

A: Tom is playing a board game.  He has rolled a six nine times in a row Here probability of getting…

Q: John creates comic strips for his town's newspaper. Last week, he created 8 comic strips, 6 of which…

A:

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.