Suppose a box contains 5,000 tickets: 2,000 labeled 5 and 3,000 labeled -5. We are going to draw 1000 times with replacement from the box and keep track of the sum of the values on the tickets. Which of the following are TRUE statements? Check all that apply. Group of answer choices We expect the sum to be close to -1000, but probably not exactly -1000. The sum must fall between -5000 and 5000. We will get 400 tickets labeled 5. We expect to get a sum of -1000, but there's a small chance we might get something different. The average of the ticket values in the box is -1.

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter9: Sequences, Probability And Counting Theory
Section9.5: Counting Principles
Problem 42SE: In horse racing, a “trifecta” occurs when a bettor wins by selecting the first three finishers in...
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Suppose a box contains 5,000 tickets: 2,000 labeled 5 and 3,000 labeled -5. We are going to draw 1000 times with replacement from the box and keep track of the sum of the values on the tickets.

Which of the following are TRUE statements? Check all that apply.

Group of answer choices
We expect the sum to be close to -1000, but probably not exactly -1000.
The sum must fall between -5000 and 5000.
We will get 400 tickets labeled 5.
We expect to get a sum of -1000, but there's a small chance we might get something different.
The average of the ticket values in the box is -1.
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