MD has a new type of scratch-off ticket for $11 to win one of: 12 prizes of $11 • 7 small prizes of $26 3 large prizes of $600 1 grand prize of $10,000 Once they've sold 10,000 tickets, they will select the winning tickets. What value should be in the shaded box in the contingency table below? Probability, Outcome, X x P(x) P(x) Win: grand prize Win: large prize Win: small prize ??? Win: prize Lose

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 29E
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MD has a new type of scratch-off ticket for $11 to win one of:
12 prizes of $11
• 7 small prizes of $26
3 large prizes of $600
1 grand prize of $10,000
Once they've sold 10,000 tickets, they will select the winning tickets.
What value should be in the shaded box in the contingency table below?
Probability,
Outcome, X
x· P(x)
P(x)
Win: grand prize
Win: large prize
Win: small prize
???
Win: prize
Lose
Transcribed Image Text:MD has a new type of scratch-off ticket for $11 to win one of: 12 prizes of $11 • 7 small prizes of $26 3 large prizes of $600 1 grand prize of $10,000 Once they've sold 10,000 tickets, they will select the winning tickets. What value should be in the shaded box in the contingency table below? Probability, Outcome, X x· P(x) P(x) Win: grand prize Win: large prize Win: small prize ??? Win: prize Lose
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