The following table lists the probability distributions of the winnings for one play of a game of chance. Winning $1 $25 Probability 0 0.60 0.25 $5 ? $10 0.05 0.01 What is the probability of winning no more than $5 in one play of this game?

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 26E
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The following table lists the probability distributions of the winnings for one play of a game of chance.
Winning
$25
Probability
0
i
0.60
$1
0.25
$5
?
$10
0.05
0.01
What is the probability of winning no more than $5 in one play of this game?
Transcribed Image Text:The following table lists the probability distributions of the winnings for one play of a game of chance. Winning $25 Probability 0 i 0.60 $1 0.25 $5 ? $10 0.05 0.01 What is the probability of winning no more than $5 in one play of this game?
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