Mathematics
Mathematics, 06.04.2021 01:20, unknown337

In a lottery game, three winning numbers are chosen uniformly at random from {1...100}, sampling without replacement. Lottery tickets cost $1 and allow a player to pick 3 numbers. If a player matches the three winning numbers they win the jackpot prize of $1,000. For matching exactly two numbers, they win $15. For matching exactly one number they win $3. Required:
Find the distribution of net winnings for a random lottery ticket. Show that the expected value of the game is -70.8 cents.

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 19:00, 5001Je
X2 + y 2 = 36 x + y = 6 solve the system of equations.
Answers: 3
image
Mathematics, 21.06.2019 21:30, mandyangle01
Using pert, adam munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 21 months, and the project variance is 4. a) what is the probability that the project will be completed in 17 months? b) what is the probability that the project will be completed in 20 months? c) what is the probability that the project will be completed in 23 months? d) what is the probability that the project will be completed in 25 months? e) what is the due date that yields a 95% chance of completion?
Answers: 3
image
Mathematics, 22.06.2019 00:00, unkown77
Let u = {q, r, s, t, u, v, w, x, y, z} a = {q, s, u, w, y} b = {q, s, y, z} c = {v, w, x, y, z}. list the elements in the set. a ∩ (b ∪ c)a) {q, s, w, y}b) {q, y, z}c) {q, s, u, w, y, z}d) {q, r, w, y, z}
Answers: 1
image
Mathematics, 22.06.2019 00:30, ejones123
Select the correct answer. employee earnings per month($) 1 1,200 2 2,600 3 1,800 4 1,450 5 3,500 6 2,800 7 12,500 8 3,200 which measure of spread is best for the data in the table? a. range b. quartiles c. interquartile range d. mean absolute deviation
Answers: 2
Do you know the correct answer?
In a lottery game, three winning numbers are chosen uniformly at random from {1...100}, sampling wit...

Questions in other subjects:

Konu
Biology, 27.09.2020 22:01