pick a new MATH 1700 text. She has 4 textbook options. The probability of a Pearson textbook being effective and cost-efficient is o.2. What is the probability I find at least one of the textbooks suitable (effective and cost-efficient) to consider for the next stage of evaluations? Problem 8. Suppose I want to select a dog breed at the Westminster dog show for the "Best in Show" award. I can also award and and 3rd place. There are 7 groups, each of which has a champion for the group. The Best in Show (as well as second and third place) are selected from these 7 champions. How many 1st, 2nd, and 3rd place orderings can happen? Problem 9. Suppose you're going to have a movie marathon over Thanksgiving break and pick 5 movies to watch. Your collection contains 8 movies. If order doesn't matter, how many different subsets of 5 movies are possible? Problem 10. Suppose a casino is designing a new game. It finds the amount of money customers are most likely to spend to play a game repeatedly is $1, so that's what it will charge. To keep them interested, suppose they want to make the payout upon a customer "win" $5 (meaning the casino loses $5 when they have to pay out and gains $1 when the customer loses). What should be the largest probability of a customer winning to ensure that the casino expects to make money on this game? /2 2 Activity Details NOV 14 000 F3 F4 F5 F9 F7 F8
pick a new MATH 1700 text. She has 4 textbook options. The probability of a Pearson textbook being effective and cost-efficient is o.2. What is the probability I find at least one of the textbooks suitable (effective and cost-efficient) to consider for the next stage of evaluations? Problem 8. Suppose I want to select a dog breed at the Westminster dog show for the "Best in Show" award. I can also award and and 3rd place. There are 7 groups, each of which has a champion for the group. The Best in Show (as well as second and third place) are selected from these 7 champions. How many 1st, 2nd, and 3rd place orderings can happen? Problem 9. Suppose you're going to have a movie marathon over Thanksgiving break and pick 5 movies to watch. Your collection contains 8 movies. If order doesn't matter, how many different subsets of 5 movies are possible? Problem 10. Suppose a casino is designing a new game. It finds the amount of money customers are most likely to spend to play a game repeatedly is $1, so that's what it will charge. To keep them interested, suppose they want to make the payout upon a customer "win" $5 (meaning the casino loses $5 when they have to pay out and gains $1 when the customer loses). What should be the largest probability of a customer winning to ensure that the casino expects to make money on this game? /2 2 Activity Details NOV 14 000 F3 F4 F5 F9 F7 F8
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...
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