The percentage of vehicles on a freeway that violate the speed limit is π = 0.88 You randomly clock  n = 80  vehicles.   35 If the state police issued $185 speeding ticket to each speedster, what is the expected value of the amount collected from speeding tickets?   a $13,024               b $13,567               c $14,132               d $14,721

Q: Suppose the probability of a successful long hit is 0.4. Which approach, the short hit or the long…

A: According to the provided information, From the given information, Miguel thinks that if the long…

Q: A calculus instructor uses computer aided instruction and allows students to take the midterm exam…

A: see below the answer and explanation

Q: A decision-maker (DM) with initial wealth Wo = 100 faces a loss / = 80 with probability p = 0.05.…

A: The initial wealth W0=100 which faces loss l=80 with probability p=0.05.

Q: The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $2.…

A: Given that, the cost of the raffle ticket is $2, an1 winning ticket was sold out of the 260 tickets…

Q: Five hundred chances are sold at $7 apiece for a raffle. There is a grand prize of $700, two second…

A: Given that: Number of chances = 500 Selling price of a lottery = $7 Prize amount for the grand prize…

Q: The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $5.…

A:

Q: shipment of 20 air fryers to a retail outlet contains 3 that are defective. If you will be making a…

A: Given that  Total air fryers=20 Defective air fryers=3 Good air fryers=17 At random purchase of 2 of…

Q: 10) A bag contains 10 Mars Bars and 8 Snicker Bars. You reach and take 4 bars. a) What is the…

A:

Q: The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $5.…

A: For the given The PTO is selling raffle tickets to raise money for classroom supplies. A raffle…

Q: Find the expected value of the number of female players in the IUPL cricket team

A: It is given that Number of females,M = 19 Total N = 19+22 = 41 Sample size n = 11

Q: 13. A person regularly spends $10 to buy bananas. Typically, one is able to buy exactly 3 hands of…

A: If we define the random variable as number of bananas cost as X, then pmf of X would be…

Q: (b) What is the expected value of player's winnings? Round to the nearest hundreth. 0.26 x (c)…

A:

Q: The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $5.…

A: As per bartleby guidelines only first three subparts are to be solved. Please upload other parts…

Q: Lottery: In the New York State Numbers lottery, you pay $3 and can bet that the sum of the numbers…

A: The formula for expected value of profit is given below:

Q: A company makes electronic components for TV's. 0% pass final inspection. 110 components are…

A: Givenp=0%=0n=110Let "x" be the no.of fails inspection in one…

Q: An experiment consists of flipping a coin 4 times. Let X=X=the number of tails flipped. What is the…

A: Solution: Let X be the number of tails flipped and n be the number of times coin flipped. The…

Q: An insurance company charges $1,142 per year to insure your car. They calculate that there is a 8%…

A: Expected value: The expected value of a random variable is the sum of the possible values that the…

Q: Lottery: In the New York State Numbers lottery, you pay $1 and can bet that the sum of the numbers…

A: Formula for expected value is,  E(X) = ∑xP(X)

Q: In a raffle, 1,000 tickets are sold for $2 each. One ticket will be randomly selected and the winner…

A: For the given data Find expected value =?

Q: 25. A recent survey found that 82% of college graduates believe their degree was a good investment…

A: (25) (a)   Obtain the mean of the sampling distribution.   The mean of the sampling distribution is…

Q: The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $3.…

A: Given information- Cost of a raffle ticket = $3 Total no. of tickets sold = 270 So, the probability…

Q: An insurance company charges $983 per year to insure your car. They calculate that there is a 4%…

A: The insurance company charges $983 per year. The chance of getting accident each year is 4%. Hence…

Q: Calculate the expected value E(X) of the given random variable X. X is the number of tails that come…

A: Expected value of no of tails E(x)=11  Hint : X follow binomial distribution (n,p)  Then expected…

Q: Rafile Things to da: Make a plan for a Christmas raffle bonanza in which the PWD (Person with…

A: The ticket is priced at 10$ and The prizes include: 1.A trip for two on the Maldives-Cost of the…

Q: The local church is conducting a lottery and will sell 500 tickets at 10 dollars per ticket. The…

A: Given, The local church will sell 500 tickets at 10 dollars per ticket. The winning ticket will win…

Q: There are 21 losing tickets and 37 winning tickets in a lottery. We buy 10 tickets. Let X denote a…

A:

Q: UC ttery: In the New York State Numbers lottery, you pay $1 and can bet that the sum of the numbers…

A: (a)The expected value of profit is obtained below:There is 0.06 chance of profit is $8.50, there is…

Q: A box containing 7 gaming monitors is sampled by a quality inspector; the box contains 4 quality…

A: For equally likely outcomes, the probability of favorable event can be given by dividing the number…

Q: A carnival game costs $5 to play. If the player hits two balloons, they win $30. If the player hits…

A: Outcome output P(x) 2 balloons 30-5 = 25 0.2 1 ballons 10-5 = 5 0.25 0 ballons 0-5 =-5 0.55

Q: Erin is a basketball player who makes 70% of her 2-point shots and 20 percent of her 3-point shots.…

A: Given: for 2 point shotp=0.70

Q: are inspected in one day. What is the expected value of the number that fails inspection in one day?…

A: It is given that  The random variable X that is inspection follows Binomial distribution with…

Q: Suppose a basketball player has made 288 out of 344 free throws. If the player makes the next 2 free…

A: Given information Basketball player made 288 out of 344 free throws

Q: 23 - A fair coin is tossed three times (consecutively). If X is the number of heads of the first…

A: It is an important part of statistics . It is widely used .

Q: A charity organization hosts a raffle drawing at a fund raising event. The organization sells 2500…

A: Assuming X to be the winning amount, X=0p=24592500100p=302500500p=1025006000p=12500 The expected…

Q: 1. Calculate the expected value of a Powerball ticket with the jackpot's prize of $620 million. You…

A: Given information: Prize Odds Grand prize ($620 million) 1 in 292,201,338.00 $1000,000 1 in…

Q: Jamal is a soccer player who makes 45% of goals What is Jamal's expected value for goals in a soccer…

A:

Q: The daily low temperature in Ames forecast is in the table below for the next five days. If you pick…

A:

Q: Terry is a 60% free throw shooter and is in a one-and-one situation. (You need to make the 1st free…

A:

Q: An LG Dishwasher, which costs $1000, has a 16% chance of needing to be replaced in the first 2 years…

A: Given Information Probability of replacing in first 2 years  = 0.16 Cost of Dishwasher $1000…

Q: Find the expected value of gasoline sales on Monday.

A: Let X is a random variable values x1, x2 ... xn and their corresponding probabilities p1,p2...pn…

Q: A bag of marbles contains 2 gold marbles, 10 silver marbles, and 30 black marbles. You decide to…

A: Solution: It is given that:A bag of marbles contains 2 gold marbles, 10 silver marbles, and 30 black…

Q: A. Determine the mean or expected value of each Random Variable. Write your answer in your answer…

A:

Q: erry is a 60% free throw shooter and is in a one-and-one situation. (You need to make the 1st free…

A:

Q: L40 Courses Profile Sydney Sign Out Number of photocopies per teacher 100 200 300 400 500 per day, n…

A: Solution Here E(n) is expected value for 1 teacher

Q: A) Complete the Table x P(X = x) x · P(X = x) 0 0.3   1 0.4   2     3 0.2     B) Find the…

A: Given, X 0 1 2 3 P(X=x) 0.3 0.4   0.2

Q: Four hundred chances are sokd at $7 apiece for a raffle. There is a grand prize of $400, two second…

A: From the given data the chances are sold at $7.Subracation of $7 from the grand prize, second prize…

Q: A radio station is having a contest. There is a vacation package worth $15,000. Three prizes are…

A: Vacation package worth $15,000 Coffee shop worth $1000 Tutoring math course worth $500 No of people…

Q: A gambler who keeps placing $1 bets on roulette will, after a very large number of bets, find that…

A: Introduction - Expected value - The expected value (EV) is an anticipated value for an investment at…

Q: The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs…

A: Probability of winning ticket is- P(winning ticket)=1150 Probability of losing ticket is- P(losing…

Q: An architect is considering bidding for the design of a new museum. The cost of drawing plans and…

A: We first make a table using the given information Winning amount (xi) 170,000-17,000=153,000…