You play a game where you pick a card from a deck of cards numbered 1 - 10. Should you pick a 7, you win $25. If you pick a 1, 5, or 10, you win $10. Pick any other numbered card, and you lose $5. What do you expect to win/lose after 20 attempts? Round answer to nearest dollar
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.
This is a discrete math, please need help resolve them.
1. You play a game where you pick a card from a deck of cards numbered 1 - 10. Should you pick a 7, you win $25. If you pick a 1, 5, or 10, you win $10. Pick any other numbered card, and you lose $5. What do you expect to win/lose after 20 attempts? Round answer to nearest dollar
2. Three items are chosen at random from a bag containing 5 coins, and 4 washers. What is the probability that three washers are chosen?
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