Answered: What should be the tickets in the box…

Math

Statistics

What should be the tickets in the box model?

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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Question

100%

gambling game pays 4 to 1 and has one chance in five of winning.

Suppose someone plays the game 50 times, betting $2 each time, and keeps track of the number of wins.

What should be the tickets in the box model?

Group of answer choices

1 ticket marked 1 and 4 tickets marked 0

1 ticket marked $8 and 4 tickets marked -$2

1 ticket marked 4 and 4 tickets marked -1

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