BuyFindarrow_forward

Mathematical Applications for the ...

11th Edition
Ronald J. Harshbarger + 1 other
ISBN: 9781305108042

Solutions

Chapter
Section
BuyFindarrow_forward

Mathematical Applications for the ...

11th Edition
Ronald J. Harshbarger + 1 other
ISBN: 9781305108042
Textbook Problem

Lotteries A state lottery pays $500 to anyone who selects the correct 3-digit number from a random drawing. If it costs $1 to play, then the probability distribution for the amount won is given in the table. What are the expected winnings of a person who plays?

x Pr(x)
-1 0.999
499 0.001

To determine

To calculate: The expected winnings of a person who plays if a state lottery pays $500 to anyone who selects the correct 3 –- digit number from a random drawing. If it costs $1 to play, then the probability distribution for the amount won is given in the table.

xPr(x)10.9994990.001

Explanation

Given Information:

A state lottery pays the amount $500 to anyone who select the correct 3-digit number from the random drawing. If the costs of play are $1, then the probability distribution for the amount won is provided in the table which is shown below,

xPr(x)10.9994990.001

Calculation:

The probability of lottery win is:

Pr(win)=0

Still sussing out bartleby?

Check out a sample textbook solution.

See a sample solution

The Solution to Your Study Problems

Bartleby provides explanations to thousands of textbook problems written by our experts, many with advanced degrees!

Get Started
Sect-8.1 P-8ESect-8.1 P-9ESect-8.1 P-10ESect-8.1 P-11ESect-8.1 P-12ESect-8.1 P-13ESect-8.1 P-14ESect-8.1 P-15ESect-8.1 P-16ESect-8.1 P-17ESect-8.1 P-18ESect-8.1 P-19ESect-8.1 P-20ESect-8.1 P-21ESect-8.1 P-22ESect-8.1 P-23ESect-8.1 P-24ESect-8.1 P-25ESect-8.1 P-26ESect-8.1 P-27ESect-8.1 P-28ESect-8.1 P-29ESect-8.1 P-30ESect-8.1 P-31ESect-8.1 P-32ESect-8.1 P-33ESect-8.2 P-1CPSect-8.2 P-2CPSect-8.2 P-3CPSect-8.2 P-4CPSect-8.2 P-1ESect-8.2 P-2ESect-8.2 P-3ESect-8.2 P-4ESect-8.2 P-5ESect-8.2 P-6ESect-8.2 P-7ESect-8.2 P-8ESect-8.2 P-9ESect-8.2 P-10ESect-8.2 P-11ESect-8.2 P-12ESect-8.2 P-13ESect-8.2 P-14ESect-8.2 P-15ESect-8.2 P-16ESect-8.2 P-17ESect-8.2 P-18ESect-8.2 P-19ESect-8.2 P-20ESect-8.2 P-21ESect-8.2 P-22ESect-8.2 P-23ESect-8.2 P-24ESect-8.2 P-25ESect-8.2 P-26ESect-8.2 P-27ESect-8.2 P-28ESect-8.2 P-29ESect-8.2 P-30ESect-8.2 P-31ESect-8.2 P-32ESect-8.2 P-33ESect-8.2 P-34ESect-8.2 P-35ESect-8.2 P-36ESect-8.2 P-38ESect-8.2 P-39ESect-8.2 P-40ESect-8.2 P-41ESect-8.2 P-42ESect-8.2 P-43ESect-8.2 P-45ESect-8.2 P-46ESect-8.2 P-50ESect-8.2 P-51ESect-8.2 P-52ESect-8.2 P-53ESect-8.2 P-54ESect-8.2 P-55ESect-8.2 P-56ESect-8.3 P-1CPSect-8.3 P-2CPSect-8.3 P-3CPSect-8.3 P-4CPSect-8.3 P-1ESect-8.3 P-2ESect-8.3 P-3ESect-8.3 P-4ESect-8.3 P-5ESect-8.3 P-6ESect-8.3 P-7ESect-8.3 P-8ESect-8.3 P-9ESect-8.3 P-10ESect-8.3 P-11ESect-8.3 P-12ESect-8.3 P-13ESect-8.3 P-14ESect-8.3 P-15ESect-8.3 P-16ESect-8.3 P-17ESect-8.3 P-18ESect-8.3 P-19ESect-8.3 P-20ESect-8.3 P-21ESect-8.3 P-22ESect-8.3 P-23ESect-8.3 P-24ESect-8.3 P-25ESect-8.3 P-26ESect-8.3 P-27ESect-8.3 P-28ESect-8.3 P-29ESect-8.3 P-30ESect-8.3 P-31ESect-8.3 P-32ESect-8.3 P-33ESect-8.3 P-34ESect-8.3 P-35ESect-8.3 P-36ESect-8.3 P-37ESect-8.3 P-38ESect-8.3 P-39ESect-8.3 P-40ESect-8.3 P-41ESect-8.3 P-42ESect-8.3 P-43ESect-8.3 P-44ESect-8.3 P-45ESect-8.3 P-46ESect-8.3 P-47ESect-8.3 P-48ESect-8.3 P-49ESect-8.3 P-50ESect-8.3 P-51ESect-8.3 P-52ESect-8.3 P-53ESect-8.3 P-54ESect-8.3 P-55ESect-8.3 P-56ESect-8.3 P-57ESect-8.3 P-58ESect-8.4 P-1CPSect-8.4 P-2CPSect-8.4 P-3CPSect-8.4 P-1ESect-8.4 P-2ESect-8.4 P-3ESect-8.4 P-4ESect-8.4 P-5ESect-8.4 P-6ESect-8.4 P-7ESect-8.4 P-8ESect-8.4 P-9ESect-8.4 P-10ESect-8.4 P-11ESect-8.4 P-12ESect-8.4 P-13ESect-8.4 P-14ESect-8.4 P-15ESect-8.4 P-16ESect-8.4 P-17ESect-8.4 P-18ESect-8.4 P-19ESect-8.4 P-20ESect-8.4 P-21ESect-8.4 P-22ESect-8.4 P-23ESect-8.4 P-24ESect-8.4 P-25ESect-8.4 P-26ESect-8.4 P-27ESect-8.4 P-28ESect-8.4 P-29ESect-8.4 P-30ESect-8.4 P-31ESect-8.4 P-32ESect-8.4 P-33ESect-8.4 P-34ESect-8.4 P-35ESect-8.4 P-36ESect-8.4 P-37ESect-8.4 P-38ESect-8.4 P-39ESect-8.4 P-40ESect-8.4 P-41ESect-8.4 P-42ESect-8.4 P-43ESect-8.4 P-44ESect-8.4 P-45ESect-8.4 P-46ESect-8.4 P-47ESect-8.5 P-1CPSect-8.5 P-2CPSect-8.5 P-1ESect-8.5 P-2ESect-8.5 P-3ESect-8.5 P-4ESect-8.5 P-5ESect-8.5 P-6ESect-8.5 P-7ESect-8.5 P-8ESect-8.5 P-9ESect-8.5 P-10ESect-8.5 P-11ESect-8.5 P-12ESect-8.5 P-13ESect-8.5 P-14ESect-8.5 P-15ESect-8.5 P-16ESect-8.5 P-17ESect-8.5 P-18ESect-8.5 P-19ESect-8.5 P-20ESect-8.5 P-21ESect-8.5 P-22ESect-8.5 P-23ESect-8.5 P-24ESect-8.5 P-25ESect-8.5 P-26ESect-8.5 P-27ESect-8.5 P-28ESect-8.5 P-29ESect-8.5 P-30ESect-8.5 P-31ESect-8.5 P-32ESect-8.5 P-33ESect-8.5 P-34ESect-8.5 P-35ESect-8.5 P-36ESect-8.5 P-37ESect-8.5 P-38ECh-8 P-1RECh-8 P-2RECh-8 P-3RECh-8 P-4RECh-8 P-5RECh-8 P-6RECh-8 P-7RECh-8 P-8RECh-8 P-9RECh-8 P-10RECh-8 P-11RECh-8 P-12RECh-8 P-13RECh-8 P-14RECh-8 P-15RECh-8 P-16RECh-8 P-17RECh-8 P-18RECh-8 P-19RECh-8 P-20RECh-8 P-21RECh-8 P-22RECh-8 P-23RECh-8 P-24RECh-8 P-25RECh-8 P-26RECh-8 P-27RECh-8 P-28RECh-8 P-29RECh-8 P-30RECh-8 P-31RECh-8 P-32RECh-8 P-33RECh-8 P-34RECh-8 P-35RECh-8 P-36RECh-8 P-37RECh-8 P-38RECh-8 P-39RECh-8 P-40RECh-8 P-41RECh-8 P-42RECh-8 P-43RECh-8 P-44RECh-8 P-45RECh-8 P-46RECh-8 P-47RECh-8 P-48RECh-8 P-49RECh-8 P-50RECh-8 P-51RECh-8 P-52RECh-8 P-53RECh-8 P-54RECh-8 P-55RECh-8 P-56RECh-8 P-1TCh-8 P-2TCh-8 P-3TCh-8 P-4TCh-8 P-5TCh-8 P-6TCh-8 P-7TCh-8 P-8TCh-8 P-9TCh-8 P-10TCh-8 P-11TCh-8 P-12TCh-8 P-13TCh-8 P-14TCh-8 P-15TCh-8 P-16TCh-8 P-17TCh-8 P-18TCh-8 P-19TCh-8 P-20TCh-8 P-21TCh-8 P-1EAGP1

Additional Math Solutions

Find more solutions based on key concepts

Show solutions add

A population of N = 15 scores has SX = 120. What is the population mean?

Statistics for The Behavioral Sciences (MindTap Course List)

Domain of a Function Find the domain of the given function. 43. h(x)=x414

Precalculus: Mathematics for Calculus (Standalone Book)

In Exercises 1-8, use the graph of the given function f to determine limxaf(x) at the indicated value of a, if ...

Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach

In Exercises 516, find the inverse of the matrix, if it exists. Verify your answer. [234001121].

Finite Mathematics for the Managerial, Life, and Social Sciences

Find the derivative. Simplify where possible. 40. y = sinh1(tan x)

Single Variable Calculus: Early Transcendentals

Find if , y = sin 2t.

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th

An iterated integral for the volume of the solid shown is:

Study Guide for Stewart's Multivariable Calculus, 8th

Explain the role of voluntary participation in informed consent.

Research Methods for the Behavioral Sciences (MindTap Course List)

Graph each polynomial function. f(x)=x316x

College Algebra (MindTap Course List)

Explain why control of extraneous variables is a critical component of an experiment.

Research Methods for the Behavioral Sciences (MindTap Course List)