5) A Booster club sells $6 tickets for chance to win a $300 TV, a $75 cell phone, or eight $25 cash prizes. If the club sells 550 tickets, set up the distribution for the gain and find the expected value.

Q: (a) If a random sample of 50 one-bedroom apartments is selected, what is the probability that the…

A:

Q: A company selling substandard drugs to developing countries sold 2,000,000 capsules with 60,000 of…

A: Solution: 3. From the given information, out of 2,000,000 capsules 60,000 are empty. The sample size…

Q: In a large casino, the house wins on one of its games with a probability of 51%. 1:1, meaning that…

A: NOTE-AS PER POLICY I HAVE CALCULATED FIRST MAIN QUESTION ONLY.

Q: 1. A Booster club sells $6 tickets for chance to win a $300 TV, a $75 cell phone, or eight $25 cash…

A: 1. It is given that club sells $6  tickets for chance to win a $300 TV, a $75 cell phone, or eight…

Q: Suppose you select a token at random from the dish above. What is the probability that the token is…

A:

Q: (a) If one of the participants is selected at random, what is the probability that he or she favors…

A: According to the answering guidelines,  we can answer only three subparts of a question and the rest…

Q: Example 10: A survey from Teenage Research Unlimited (Northbrook, Illinois) found that 30% of…

A: Given: n=5p=30%=0.3q=1-p=1-0.3=0.7

Q: Although studies continue to show smoking leads to significant health problems, 20% ofadults in the…

A: a. Normal approximation to the binomial: From the given information, sample size, n = 250. The…

Q: 4) Suppose that 1 out of 50 cards in a scratch-and-win promotion gives a prize. a) What is the…

A: Given, Suppose that 1 out of 50 cards in a scratch-and-win promotion gives a prize. This follows…

Q: Find the probability of being dealt an 8-4-1 distribution, that is, eight cards of one suit, four of…

A: Given that, A bridge hand consists of an unordered arrangement of 13 cards dealt at random from an…

Q: 3. At a major credit card bank, the percentages of people who historically apply for the Silver,…

A: (a) State the hypotheses.

Q: a. From the perspective of the 50-year-old female, what are the values corresponding to the two…

A: Here it is given that, there is a 0.9968 probability that a randomly selected 50-year-old female…

Q: When two unbiased dice are thrown, find the expected value

A:

Q: In tossing 4 fair​ coins, what is the expected number of​ heads?

A: Solution-: We given 4 fair coins. We find the expected number of heads?

Q: Suppose that you and a friend are playing cards and decide to make a bet. If you draw two non-face…

A: Given information: The number of cards in a deck is 52. The set of 52 cards are divided into 4…

Q: Robert bought a $5 lottery ticket such that 1 in 100 would win $10, 1 in 1000 would win $100, and 1…

A: Given that, Robert bought a $5 lottery ticket such that 1 in 100 would win $10, 1 in 1000 would win…

Q: In many popular board games, a player rolls two dice and moves the number of spaces equal to the sum…

A: The expected sum when rolling two dice is obtained below: The probability model will be is,

Q: A major appliance retailer claims that 18% of its sales are dishwashers. If 112 appliances are sold…

A: Given info: Here, n=112, p=0.18.

Q: Suppose the proportion of elementary students in Texas that are enrolled in fully remote learning…

A: Given that p = 0.20, n = 100, p(x<=10) = ?

Q: what is the expected number of tails?

A:

Q: As reported by Television Bureau of Advertising, Inc. in Trends in Television, 84% of U.S.…

A: It is given that n =500 and p =0.84.

Q: The following table provides details from customers that came into your shop during the previous 15…

A: Given: The data of the number of customers that came to the shop during the previous 15 days is…

Q: expected value

A: Let X be the random variable representing the number of policies sold by the salesperson. The…

Q: When two unbiased dice are thrown, find the expected value of the product of the numbers shown on…

A:

Q: A balanced die is rolled until the same result appears twice. If this takes place in less than 6…

A: The theory of probability has its origin in the seventeenth century. The king of France,…

Q: A securities analyst claims that, given a specific list of 6 common stocks, it is possible to…

A: Given: A securities analyst claims that, given a specific list of 6 common stocks, it is possible to…

Q: In tossing 3 fair​ coins, what is the expected number of​ heads?

A: Probability of head p =12 number of coins n= 3 The expected number heads in tossing 3 fair coins is…

Q: A programmer is creating a game with a villain who randomly appears and steals 50 gold coins from…

A: The image is attached below to find the expected value of a player.

Q: A supermarket employs Cashier, Salesman and Supervisor. The distribution is shown below. Gender…

A:

Q: It costs $2 to buy a raffle ticket. If there are 500 tickets sold, and there is one first prize of…

A:

Q: The Walker Construction Company has just received a building contract. Walker estimates there is a…

A: Let us assume X= amount of profit  Breakeven means no profit. Let us make a probability distribution…

Q: One option in a roulette game is to bet $5 on red. ​ (There are 18 red​ compartments, 18 black​…

A: Total number of compartments is 18+18+2 =38. The probability that ball lands on red compartment is…

Q: In a business statistics class of 30 students, 17 are boys and 13 are girls. On a unit test, 4 boys…

A: Given: The business statistics contains the 30 students that is present in the class. It mostly…

Q: If 54% of all Americans approve the recent job performance of the president, what is the expected…

A: Given: n=1036 p = 54% of all Americans approve the recent job performance of the president = 0.54…

Q: What is the expected value at node 2? $20 million $7.5 million $10 million $15 million

A: here for expected value at node 2 draw tree for only node 2

Q: Choose an American household at random and ask how many televisions that household owns. Here are…

A: Given: x P(X) x.P(X) 0 0.1 0 1 0.44 0.44 2 0.28 0.56 3 0.18 0.54 Total   1.54

Q: In a certain school, the probabilities of the number of students who are reported tardy are shown in…

A: We want to find expected number of tardies.

Q: 4. An IT department at a small business has 9 laptop computers and 18 desktop computers. The…

A: Givenno.of laptops =9no.of desktops =18P(only laptops)=918+9p=0.33n=research group is alloted…

Q: At a​ raffle, 10,000 tickets are sold at​ $5 each for three prizes valued at​ $4,800, $1,200, and​…

A:

Q: If the publishing company has a total of 280 sales representatives, what is the expected bonus that…

A: The given data is, X P(X) X*P(X) 24000 0.11 2640 13000 0.35 4550 6000 0.12 720 Total 1…

Q: At a major credit card bank, the percentages of people who historically apply for the Silver, Gold,…

A: The null and alternative hypothesis is,   The expected number of customers applying…

Q: 3. An insurance policy sells for $720. Based on past data, an average of 1 in 70 policyholders will…

A: Expected value is used to measure the average of the probability distribution. It is calculated by…

Q: In Wyoming, there are about 300,000 registered voters, of whom 30,000 are Democrats. A survey…

A: We have given that Total number of registered voters = 300,000 Number of Democrats = 30,000

Q: An insurance policy sells for $720. Based on past data, an average of 1 in 70 policyholders will…

A: an average of 1 in 70 policyholders will file a $10,000 claim, an average of 1 in 100 policyholders…

Q: 5) The following table shows that the students in Diploma program, Degree program, other program,…

A: From the given data, we need to find required probability values  DE M PT DI C FT DI E FT…

Q: 1 1 What is the expected value for the number of spaces a player moves forward on a turn?

A: Random variables are of 2 types, discrete and continuous. A discrete random variable can only take…

Q: A player receives P250 if the results of tossing three coins are all heads or all tails. On the…

A: Sample space when three coins are tossed, S=HHH, HHT, HTH, THH, TTH, THT, HTT, TTT ns=8 P(Getting…