1. You are given Three very rare three sided 'Phoenix Coins' where each of the three sides are equally likely to reveal itself upon a toss. The 'Phoenix Coin' sides and associated values are as follows: Phoenix Head = 0 'Tears' Phoenix Tail = -3 'Tears' Phoenix Fire = 12 'Tears' Construct Probability Distribution Tables, Probability Distribution Graphs (using Excel) and calculate the associated Expected Values and Standard Deviations of 'Phoenix Tears' for (Case A) tosses of Two 'Phoenix Coins' and for (Case B) tosses of Three 'Phoenix Coins'. 2. How many (A) Phoenix Coin combinations; and (B) outcomes of Phoenix 'Tears' are possible if you were to toss Ten (10) Phoenix Coins? What is the (C) Expected Value of Phoenix 'Tears' if you were to toss Fourty (40) Phoenix Coins?

1. You are given Three very rare three sided 'Phoenix Coins' where each of the three sides are equally likely to reveal itself upon a toss. The 'Phoenix Coin' sides and associated values are as follows: Phoenix Head = 0 'Tears' Phoenix Tail = -3 'Tears' Phoenix Fire = 12 'Tears' Construct Probability Distribution Tables, Probability Distribution Graphs (using Excel) and calculate the associated Expected Values and Standard Deviations of 'Phoenix Tears' for (Case A) tosses of Two 'Phoenix Coins' and for (Case B) tosses of Three 'Phoenix Coins'. 2. How many (A) Phoenix Coin combinations; and (B) outcomes of Phoenix 'Tears' are possible if you were to toss Ten (10) Phoenix Coins? What is the (C) Expected Value of Phoenix 'Tears' if you were to toss Fourty (40) Phoenix Coins?

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter8: Sequences, Series,and Probability

Section8.7: Probability

Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....

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