#23, #24, #25Choose the letter of the correct answer. For numbers 23-25, refer to the problem.There are one thousand tickets that are sold for P50.00 each. One ticket will win P10,000.00,two tickets will win P5,000.00 and three tickets will win P1,000.00 each. Let X be the net gain frompurchasing a randomly selected ticket.23. What is the probability that you will win a prize if you buy 2 tickets?A. 998/1000С. 2/1000В. 2/50024. Which of the following table of values show the probability distribution of X?D. 2А.10,0001/10005,0002/1000X1,000-50P(X)3/1000994/1000В.9,9501/9994,9502/998950-50P(X)3/9971/999С.X950-509,9501/10004,9502/1000P(X)3/1000994/10005,0002/998X10,0001/9991,000-50P(X)3/9971/99925. What is the mean or expected value of a person who buys a ticket?С. 27A. 25В. -25D. -27D.

Answered: Image /qna-images/answer/962e7ae4-d04c-4b22-be95-103ff5fb1f97.jpg

25, refer to the problem. e one thousand tickets that are sold for P50.00 each. One ticket will win P10,000.00, in P5,000.00 and three tickets will win P1,000.00 each. Let X be the net gain from domly selected ticket. ne probability that you will win a prize if you buy 2 tickets? 3/1000 500 С. 2/1000 D. 2 the following table of values show the probability distribution of X? 10,000 1/1000 5,000 2/1000 1,000 3/1000 -50 P(X) 994/1000 9,950 1/999 4,950 2/998 950 -50 P(X) 3/997 1/999 9,950 1/1000 4,950 2/1000 950 -50 P(X) 3/1000 994/1000 5,000 2/998 1,000 3/997 -50 10,000 1/999 P(X) 1/999 ne mean or expected value of a person who buys a ticket? С. 27 D. -27

25, refer to the problem. e one thousand tickets that are sold for P50.00 each. One ticket will win P10,000.00, in P5,000.00 and three tickets will win P1,000.00 each. Let X be the net gain from domly selected ticket. ne probability that you will win a prize if you buy 2 tickets? 3/1000 500 С. 2/1000 D. 2 the following table of values show the probability distribution of X? 10,000 1/1000 5,000 2/1000 1,000 3/1000 -50 P(X) 994/1000 9,950 1/999 4,950 2/998 950 -50 P(X) 3/997 1/999 9,950 1/1000 4,950 2/1000 950 -50 P(X) 3/1000 994/1000 5,000 2/998 1,000 3/997 -50 10,000 1/999 P(X) 1/999 ne mean or expected value of a person who buys a ticket? С. 27 D. -27

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter8: Sequences, Series,and Probability

Section: Chapter Questions

Problem 41CT: On a game show, a contestant is given the digits 3, 4, and 5 to arrange in the proper order to form...

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