player? If you played the game 1000 times, how much would y metal ball lands on 17, the player wins $175, Otherwise, the casino takes the player's $5. What is the expected value of the game to the - probability of winning. If the place a $5 bet 29.) Roulette In the game of 1 on the number 17 and have a 38 mejal ball lands on 17, the player wins $175, Otherwise the you expect to lose? Ceah Tiua

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter14: Counting And Probability
Section14.CR: Chapter Review
Problem 8CC
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Related questions
Question
rths would you expect
probability the will grow at a and a
However, if the v
moderate the will in a of $10,000.
tip. He if the 1
will in a profit of If the at a
the
(b) Suppose over the c
be dealt about 40 hands. How much
to win or over the hours?
28. An a stock
a player expect
ete probability
ms in rented housing
H (e)
choic
an
(b) Explain
33. Simula
19 and a DI
a
the investmeni
just gues
Rental Unit
moderate pace,
there is a 20% probability the economy
probability the economy
will remain
JO Iəqun0
strong, a 70%
to simulate
grow at a moderate
pace, and
Repeat the
experimen
the randon
mean and
expected profit from this investment?
deviation o
29.) Roulette In the game of roulette, a player can
1.
38
metal ball lands on 17, the player wins $175, Otherwise th
place a $5 bet
probability of winning. If the
on the number 17 and have a
0.018
34. Simul
and a DIS
0.008
8
6.
OUIS
expect to lose?
simulate 1
mean and
on the sin
repetition
standard
rental unit
Connecticut, a player pays $1 for a single ticket with five
numbers. Five balls numbered I through 35 are randomly ok
from a bin without replacement. If all five numbers on
tịcket match the five chosen, the player wins $100,000 The
no.
tental unit
ntal unit
to the the
player's
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35. Putt
question
credit ca
probability of this occurring is
1.
If four numbers match.
ns would
the player wins $300. This occurs with probability
324,632*
numbers match, the player wins $10. This occurs with probability
1.
If three
Compute and interpret the expected value of the game from
2164
or
75
the player's point of view.
31. Powerball Powerball is a multistate lottery. The following
probability distribution represents the cash prizes of Powerball
with their corresponding probabilities.
only of t
1),
to www.
results.
he
the surv
(a) Det
year
raw
(b) De
x (cash prize, $)
bas
(c) De
Grand prize
(x)d
200,000
X,
0.00000028
10,000
ra
0.000001711
(e) D
00L
0.000153996
0.004778961
4.
0.007881463
Transcribed Image Text:rths would you expect probability the will grow at a and a However, if the v moderate the will in a of $10,000. tip. He if the 1 will in a profit of If the at a the (b) Suppose over the c be dealt about 40 hands. How much to win or over the hours? 28. An a stock a player expect ete probability ms in rented housing H (e) choic an (b) Explain 33. Simula 19 and a DI a the investmeni just gues Rental Unit moderate pace, there is a 20% probability the economy probability the economy will remain JO Iəqun0 strong, a 70% to simulate grow at a moderate pace, and Repeat the experimen the randon mean and expected profit from this investment? deviation o 29.) Roulette In the game of roulette, a player can 1. 38 metal ball lands on 17, the player wins $175, Otherwise th place a $5 bet probability of winning. If the on the number 17 and have a 0.018 34. Simul and a DIS 0.008 8 6. OUIS expect to lose? simulate 1 mean and on the sin repetition standard rental unit Connecticut, a player pays $1 for a single ticket with five numbers. Five balls numbered I through 35 are randomly ok from a bin without replacement. If all five numbers on tịcket match the five chosen, the player wins $100,000 The no. tental unit ntal unit to the the player's being illu 35. Putt question credit ca probability of this occurring is 1. If four numbers match. ns would the player wins $300. This occurs with probability 324,632* numbers match, the player wins $10. This occurs with probability 1. If three Compute and interpret the expected value of the game from 2164 or 75 the player's point of view. 31. Powerball Powerball is a multistate lottery. The following probability distribution represents the cash prizes of Powerball with their corresponding probabilities. only of t 1), to www. results. he the surv (a) Det year raw (b) De x (cash prize, $) bas (c) De Grand prize (x)d 200,000 X, 0.00000028 10,000 ra 0.000001711 (e) D 00L 0.000153996 0.004778961 4. 0.007881463
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