Suppose you model a game of chance with a discrete probability distribution. Let X be the net amount of money or lost by the player. Let pX be the probability of the corresponding outcome. The three events are as follows: There is a 23% chance the player wins 7 dollars. there is a 38% chance the player loses 4 dollars. there is a 39% chance the player breaks even. COMPLETE THE TABLE BELOW TO MODEL THE SCENARIO X PX)
Suppose you model a game of chance with a discrete
There is a 23% chance the player wins 7 dollars.
there is a 38% chance the player loses 4 dollars.
there is a 39% chance the player breaks even.
COMPLETE THE TABLE BELOW TO MODEL THE SCENARIO
X PX)
Given that
Let X denotes the net amount of money or lost by player..
And P(X) be the corresponding probabilities:
23% Chance the player wins 7$
38% Chance the player losses 4 dollars
39% Chance the player breaks even
We have to find the probability distribution based on the given data
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