The Ohio lottery has a game called Pick 4 where a player pays $1 and picks a four-digit number. If the four numbers come up in the order you picked, then you win $3900. a) Write the probability distribution for a player's winnings. Fill in the table below. For the computer to grade this one correctly make sure that your X values are from smallest to largest. X P(X) b) What are your expected winnings? Round final answer to 2 decimal places. Put correct units in the second box.
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.
The Ohio lottery has a game called Pick 4 where a player pays $1 and picks a four-digit number. If the four numbers come up in the order you picked, then you win $3900.
a) Write the
Fill in the table below.
For the computer to grade this one correctly make sure that your X values are from smallest to largest.
| X | P(X) |
b) What are your expected winnings?
Round final answer to 2 decimal places. Put correct units in the second box.
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