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MD has a new type of scratch-off ticket for $15 to win one of: 13 prizes of $15 • 7 small prizes of $39 3 large prizes of $400 1 grand prize of $20,000 Once they've sold 2,000 tickets, they will select the winning tickets. What value should be in the shaded box in the contingency table below? Probability, Outcome, X P(x) x · P(x) Win: grand prize Win: large prize Win: small prize ??? Win: prize Lose IMPORTANT Rounding Directions: • Do NOT round until the final answer • If necessary, round your final answer to 4 decimal places

MD has a new type of scratch-off ticket for $15 to win one of: 13 prizes of $15 • 7 small prizes of $39 3 large prizes of $400 1 grand prize of $20,000 Once they've sold 2,000 tickets, they will select the winning tickets. What value should be in the shaded box in the contingency table below? Probability, Outcome, X P(x) x · P(x) Win: grand prize Win: large prize Win: small prize ??? Win: prize Lose IMPORTANT Rounding Directions: • Do NOT round until the final answer • If necessary, round your final answer to 4 decimal places

College Algebra
College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 61E: Roulette American roulette is a game in which a wheel turns on a spindle and is divided into 38...
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MD has a new type of scratch-off ticket for $15 to win one of: 13 prizes of $15 • 7 small prizes of $39 3 large prizes of $400 1 grand prize of $20,000 Once they've sold 2,000 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 IMPORTANT Rounding Directions: • Do NOT round until the final answer • If necessary, round your final answer to 4 decimal places
Transcribed Image Text:MD has a new type of scratch-off ticket for $15 to win one of: 13 prizes of $15 • 7 small prizes of $39 3 large prizes of $400 1 grand prize of $20,000 Once they've sold 2,000 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 IMPORTANT Rounding Directions: • Do NOT round until the final answer • If necessary, round your final answer to 4 decimal places
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