A lottery game costs $3 to play and the probability of winning is 0.0022. If you get $99 with a winning ticket, what is the expected net value of the ticket? Round your final answer to the nearest penny.

Q: A television program reported that the U.S. (annual) birth rate is about 16 per 1000 people, and the…

A: A television program reported that the U.S. (annual) birth rate is about 16 per 1000 people, and the…

Q: A local youth group is selling raffle tickets to raise money for a trip. A raffle ticket costs $4.…

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Q: A television program reported that the U.S. (annual) birth rate is about 22 per 1000 people, and the…

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Q: What is the expected value? a. 2.79 O b. 1.97 O c. 2.97 o d. 1.79 How should the expected value be…

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Q: If the probability of a player to score from a penalty is 0.85, what is the probability that this…

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Q: Find the probability of having 2, 3, or 4 successes in five trials of a binomial experiment in which…

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Q: A carnival game charges $10 to play. If the person wins, the carnival provides a prize worth $100.…

A: It is given that the probability of winning is 0.08.

Q: A kissed frog has a 70% chance of turning into a prince, while a kissed toad has only a 20% chance…

A: A kissed frog has 70% chance of turning into a prince.

Q: Next question hearts? An experiment consists of dealing 4 cards from a standard 52-card deck. What…

A: no.of heart cards=13total no.of cards=52

Q: You play a gambling game with a friend in which you roll a die. If a 1 or 2 comes up, you win $5.…

A: Given that, When a die is rolled then, If a 1 or 2 comes up, you win $5 otherwise you lose $4

Q: In a product liability​ case, a company can settle out of court for a loss of​ $350,000, or go to​…

A: Given Data: Loss if company settle out of court=350000 Loss if company takes case to the court and…

Q: Experience has shown that one out of every five customers who place an order with an internet…

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Q: The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $5.…

A: Using the given info we make a table Winning amount (xi) 96 0 Total Frequency 1 (210-1)=209 210…

Q: A health instructor surveyed all his students, and tallied the results. The first survey questior…

A: The total number of students is 1+6+5+6=18.

Q: A kissed frog has a 70% chance of turning into a prince, while a kissed toad has only a 20% chance…

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Q: Appendix A Statistical Tables a. What is the probability that exactly seven are retired people? P(x…

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Q: A medication states that the odds of having an allergic reaction are 1 in 50. What is that…

A: From the provided information, The odds of having an allergic reaction are 1 in 50. So, the…

Q: Espaiol It is estimated that, during the past year, 28% of all adults visited a therapist and 43% of…

A: Let A be the event such that adult visited therapist  Let B be the event such that antidepressants…

Q: A roulette wheel in an amusement park has the numbers 1 through 60. If you bet ₱100.00 for a…

A: Numbers can be selected from 1 to 60. Thus, total numbers are 60 and bet for any number is worth…

Q: You toss a biased coin until you get the pattern HT. The probability of heads is . What is the…

A: Given that, The probability of getting head is Then , the probability of getting tail is ,   Let…

Q: A television program reported that the U.S. (annual) birth rate is about 22 per 1000 people, and the…

A: Solution:Given:a television program reported that the US (annual) birth rate is about22 per 1000…

Q: You purchase boxes of cereal until you obtain one with the collector's toy you want. If, on average,…

A: It is given that an average, a toy is getting in every the 44th cereal box. Consider that n is…

Q: Approximately 30% of obese patients develop diabetes. Answer the following questions if a physician…

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Q: A medication states that the odds of having an allergic reaction are 2 in 200. What is that…

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Q: On discovering that her family had a 70% risk of heart attack, erin took a treadmill test to check…

A: Topic- probability

Q: A game is played using one die. If the die is rolled and shows a 4, the player wins $9. If the die…

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Q: Does crime pay? The FBI Standard Survey of Crimes showed that for about 80% of all property crimes…

A: Hey there! Thank you for posting the question. Since your question has more than 3 parts, we are…

Q: In a product liability case, a company can settle out of court for a loss of $350,000, or go to…

A: Let X denotes the loss to the company. The probability of not guilty verdict is, Pnot guilty…

Q: At a raffle, 10,000 tickets are sold at $5 each for three prizes valued at $4800, $1,200, and $400.…

A: Note: Hi there! Thank you for posting the questions. As there are several independent questions,…

Q: A drug, Nimodipine, holds the considerable promise of providing relief for those people suffering…

A: (a) Obtain the probability that 12 experience relief. The probability that 12 experience relief is…

Q: Hector plays a game with a friend. They pay $2 and roll a 6-sided die. If the die comes up a 3 or…

A: Given Data: Profit (x) P(x) x P(x) -2 2/6 -4/6 5 4/6 20/6

Q: There is a new type of scratch-off ticket for $60 to win one of 7 prizes of $10,000 or the grand…

A: The following data is given in the question:  Total number of tickets to be sold is 9,000 Price of…

Q: Surgery for a painful, common back condition often results in significantly reduced back pain and…

A: Given that  Number of Patients =803 Number of patients getting surgery=398 After two years, of those…

Q: You look at airline records and determined that the probability of a flight being delayed is 12%.…

A: Given, Probability of flight being delayed is P(Delayed) = 12% = 0.12

Q: You play a game where you select one of three envelopes. You pay $2 to select once. One envelope has…

A: From the given information, Consider, X be the gain or winning amount. Pr( probability of selecting…

Q: A construction company is planning to bid on a building contract. The bid costs the company $1300.…

A: We first make a table using the given information Gained amount (xi) 68000-1300=66700 -1300…

Q: you roll a six-sides die.what is the probability that it is an even number or less than five.round…

A: Given that, You roll a six sided die. We are asked to find the probability that it is an even number…

Q: A medication states that the odds of having an allergic reaction are 1 in 50. What is that…

A:

Q: If the probability of winning the ball-toss game at a carnival is 20% and the probability of winning…

A: The answer is found in step-2

Q: A poker hand consists of five cards randomly dealt from a standard deck of 52 cards. The order of…

A: Given: n=52 r=5 The number of possible ways of choosing 5 cards is calculated as below:…

Q: You are performing a cohort study. (i) If the probability of developing the disease in the exposed…

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Q: h. For parts e-g, what exact number of adults would produce the highest probability? How does this…

A: h) The sample size n is 20.

Q: City crime records show that 40% of all crimes are violent and 60% are nonviolent, involving theft,…

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Q: The ebola virus has an incidence rate of 15%. If the false negative is 25% and the following false…

A: Introduction: The probabilities given here, converted from percentage to proportion form, are: P…

Q: A medication states that the odds of having an allergic reaction are 2 in 200. What is that…

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Q: Now you play toss-a-coin. If the coin comes up Heads, you win. If it comes up Tails, your friend…

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Q: You flip a coin 12 times. It lands on tails 9 times. What is the experimental probability of landing…

A: It is probability problem.

Q: In a proposed business venture, a businesswoman estimates there is a 60% chance she will make…

A: Given: There are 60% chances that she will make $52000 and 40% chances that she will lose $53000. To…

Q: The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs…

A: Probability of winning ticket is- P(winning ticket)=1150 Probability of losing ticket is- P(losing…

Q: An architect is considering bidding for the design of a new museum. The cost of drawing plans and…

A: We first make a table using the given information Winning amount (xi) 170,000-17,000=153,000…