You're offered this bet. Flip a fair coin twice. If you get two heads, then you win $10; two tails, you win $1; otherwise you lose $5. A Let X represents your total winnings of a single bet. Create the probability model for X. B Find the expected value of winning (calculate by formula) Find the standard deviation of winning (use calculator options) C

Q: Use the given information to find the indicated probability. P(A U B) = 0.7, P(B) = 0.6, P(A n B) =…

A: Given,   The objective is to find P(A).

Q: Solve the problem. The table lists the drinking habits of a group of college students. If a student…

A: Solution-: We have given following table: Sex Non-drinker Regular drinker Heavy Drinker Total…

Q: For a fundraiser, 1000 raffle tickets are sold for $2 each with a chance to win $200 in cash. You…

A: Probability: Probability is the measurement of the probability that an event will occur in a Random…

Q: Two dice are thrown, find the probability of both dice shows four

A: Two dice are thrown, then sample…

Q: You are selling your product at a three-day event. Each day, there is a 60% chance that you will…

A:

Q: Heart surgeries are performed in X and Y hospitals in a city. 60% of the total surgery X It is…

A: To find:  The probability that a successful surgery was performed at hospital X. Let; U =…

Q: For a fundraiser, 1000 raffle tickets are sold for $2 each with a chance to win $200 in cash. You…

A: The cost of each ticket is $2.  The winning price is $200 in cash. Number of tickets sold = 1000

Q: An investment opportunity has two possible outcomes. One outcome yields a $150 payoff and has a…

A: Given, Payoff of $150 with a probability of 0.3 Payoff of $50 with a probability of 0.7

Q: Pick a card.  If you get an ace, you win $100. If you get a two or three or four, you win $80.…

A: We have given information, Let X=the amount that you win or lose on a card. if you get an ace, you…

Q: Use the given information to find the indicated probability. An B = Ø, P(A) = 0.4, P(A U B) = 0.8.…

A:

Q: You play a video game. In the game, when you kill the final boss, there is a probability of 5.11%…

A:

Q: Allie plays on the varsity basketball team and makes 79% of her free throws. If she takes 12 shots,…

A: Given : p = 0.79 q = 1 - p = 1 - 0.79 = 0.21 n = 12 we have find P(x = 8) here, x follow a binomial…

Q: Provide an appropriate response. Assume that male and female births are equally likely and that the…

A:

Q: is 0.40. For a premium of ​$29,000 David can purchase insurance coverage that would pay him​…

A: The expected net profit is, $100,000. The rain reduced the net profit to $25,000. The probability of…

Q: The data represent the results for a test for a certain disease. Assume one individual from the…

A: We have to find given probability.

Q: An airport has an electronic system that randomly selects bags for extra security screening. Each…

A: Probability that a bag is being selected for extra screening , p = 0.14 There are two bags on the…

Q: Find the indicated | P(A or B) = (Simplify your answer. Type an integer or a decimal.) probability.…

A: Given,P(A)=0.6P(B)=0.5P(A∩B)=0.4

Q: (i) Find the Probability that it is an Ace, Jack, Queen, or King. (ii) It is a Jack, Queen, or King.

A: HERE GIVEN , THERE are total 52 cards in deck here use basic probability  probability  = no of…

Q: If a student is selected at random, find the probability that he or she owns a credit card given…

A: The number of sophomore students have own credit cards is 38 and the number of students are…

Q: In gambling, the chances of winning are often written in terms of odds rather than probabilities.…

A: Answer:- Given , A card is picked at random from a standard deck of 52 playing cards.  We know that,…

Q: A bicycle factory runs two assembly lines, A and B. 95% of line A's products pass inspection and 88%…

A: From the provided information, 50% of the factory’ bike come off assembly line B that is P(B) = 0.5…

Q: The probability that a group of students play Hockey or Soccer are shown below. S 20% 35% 18% 27%…

A:

Q: Use the given information to find the indicated probability. P(A ∪ B) = 0.4 and P(A ∩ B) = 0.2. Find…

A: P(A  B)=0.4P(A B)=0.2

Q: The probabilities for the amount that can be won on a lottery game are given in the table below.…

A: The random variable is Amount. The variable has 5 categories and the probabilities are about how…

Q: Find the probability of that he or she owns a credit card given that the student is a freshman.…

A:

Q: Amusement Park Game At an amusement park basketball game, the player gets 4 throws for $1. If the…

A: It is given that probability that Mary makes about 70% of her shots. Hence the probability that Mary…

Q: 7. Suppose that about 85% of graduating students attend their graduation. A group of 26 graduating…

A: The formula of binomial is, Substitute   n = 26 ,  p = 0.85 , and  X = 19 is, P ( 19 ) =…

Q: The probability of an event is given. Find the odds in favor of the event.   0.65

A: We know that odds in favor of the event gives the ratio of the number of ways an event can occur to…

Q: Determine if each event is independent or dependent.  Then find the probability. There are two…

A: The probability of the one traffic light is red is 0.50.

Q: Find the probability and interpret the results. If​ convenient, use technology to find the…

A: Given n=43 Standard deviations=5800 Mean=64500

Q: Tom exercises shooting. He is allowed to make 3 shoots. For every shoot Tom makes, Probability of…

A: Given data: The total number of shoots is n=3. The number of shoots exactly hit by Tom is r=2. The…

Q: event of a fire, the insured damages (the payout on the policy) will be $340,000. lake a table of…

A: Solution : Given that:a) Make a table of the two possible payouts on each policy with the…

Q: Use the given information to find the indicated probability. P(A u B) = 0.9, P(B) = 0.7, P(A n B) =…

A:

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.