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Name: 1) The student council is hosting a drawing to raise money for scholar
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Description: 1) The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $5 each and will sell 800 tickets. There is one $2,000 grand prize, three $300 second prizes, and fourteen $20 third prizes. You just bought a t

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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1) The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $5 each and will sell 800 tickets. There is one $2,000 grand prize, three $300 second prizes, and fourteen $20 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.

2) Find the 55th-Percentile:

The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $5 each
and will sell 800 tickets. There is one $2,000 grand prize, three $300 second prizes, and fourteen $20 third
prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.

Here is a data set (n
117) that has been sorted.
30.5
34.4
38.2
38.7
38.7
38.9
41.6
42.7
43
43.4
43.9
44.8
45
45.3
45.9
46.1
46.7
46.9
47.1
47.5
47.6
47.6
47.6
48
48
49.7
49.9
49.9
50
50
50.4
50.5
50.8
51.4
51.5
51.6
51.8
51.8
52
52.1
52.4
52.6
52.7
52.8
52.9
53.2
53.2
53.6
53.7
53.8
53.9
54.2
54.3
54.4
54.4
54.4
54.9
55
55.1
56.3
56.3
56.4
56.5
56.9
56.9
56.9
57.1
57.1
57.2
57.4
57.7
57.8
57.8
57.9
58
58
58.1
58.8
58.9
59.2
59.7
59.8
60
60
60
60.1
60.1
60.6
61
61.2
61.7
61.8
61.9
62.1
62.2
62.6
62.6
62.9
63.5
63.6
63.7
64.4
64.6
64.7
65.1
65.1
65.1
65.3
66.2
66.5
66.5
67.2
67.7
68.4
73.3
77.9
80.6
Find the 55th-Percentile:
P55
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