Path To College Mathematics
1st Edition
ISBN: 9780134654409
Author: Martin-Gay, K. Elayn, 1955-
Publisher: Pearson,
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Chapter B, Problem 23ES
To determine
The next number or figure using inductive reasoning.
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Four Numbers - Expected Value
According to the Michigan Lottery the best odds of winning are when you pick four numbers. If all four numbers come up then you win $72 for each dollar you bet. If three numbers come up then you win $5 for each dollar you bet. If two numbers come up then you win $1 for every dollar you bet (net winnings are zero). Otherwise, you lose the money you bet.
Fill out the following table, assuming a $1 bet. Enter your probabilities as decimals, entering all the digits you see on your calculator.
Outcome
Probability
Net Value
(Don't forget to account for the $1 bet)
Product
(Round to 3 decimals)
4 correct
$
$
3 correct
$
$
2 correct
$
$
0 or 1 correct
$
$
Chapter B Solutions
Path To College Mathematics
Ch. B - Determine whether each is an example of inductive...Ch. B - Prob. 2ESCh. B - Prob. 3ESCh. B - Prob. 4ESCh. B - Prob. 5ESCh. B - Prob. 6ESCh. B - Prob. 7ESCh. B - Prob. 8ESCh. B - Prob. 9ESCh. B - Prob. 10ES
Ch. B - Prob. 11ESCh. B - Prob. 12ESCh. B - Prob. 13ESCh. B - Prob. 14ESCh. B - Prob. 15ESCh. B - Prob. 16ESCh. B - Prob. 17ESCh. B - Prob. 18ESCh. B - Prob. 19ESCh. B - Prob. 20ESCh. B - Prob. 21ESCh. B - Prob. 22ESCh. B - Prob. 23ESCh. B - Prob. 24ESCh. B - Prob. 25ESCh. B - Prob. 26ESCh. B - Prob. 27ESCh. B - Prob. 28ESCh. B - Prob. 29ESCh. B - Prob. 30ESCh. B - Prob. 31ESCh. B - Prob. 32ESCh. B - Prob. 33ESCh. B - Prob. 34ESCh. B - Prob. 35ESCh. B - Give an example occurring outside the classroom...Ch. B - Prob. 37ESCh. B - Prob. 38ESCh. B - Prob. 39ESCh. B - Prob. 40ESCh. B - Prob. 41ESCh. B - Prob. 42ESCh. B - Prob. 43ESCh. B - Prob. 44ESCh. B - Prob. 45ESCh. B - Prob. 46ESCh. B - Prob. 47ESCh. B - Use diagrams and deductive reasoning to solve each...Ch. B - Prob. 49ESCh. B - Prob. 50ESCh. B - Prob. 51ESCh. B - Prob. 52ESCh. B - Prob. 53ESCh. B - Prob. 54ES
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