uohe when entering a hospital are 6/15, 5/15, 3/15 and 1/15. 03) Using the direc
ID: 3149030 • Letter: U
Question
uohe when entering a hospital are 6/15, 5/15, 3/15 and 1/15. 03) Using the directions found in your yellow book construct a probability distribution for the following The probabilities that a hockey team scores a total of 1 goal in game is.124, 2 goals in a game is .297, 3 goals in a game is 402, 4 goals in a game i 5 goals in a game is .083 yellow book find the mean, variance and standard Using the directions found in your deviation for the following probability distributions 04) "X-1-6-18-1-10 | 12 | 14 | PX) .15 3 35 1 .1 X 35 36 37 38 39 05) Px) 1 2 3 3 1 06) A lottery offers one $1,000 prize; one S500 prize and five $100 prizes. If 1,000 ticke are sold at $3.00 each and if you buy one ticket what is your expected value?Explanation / Answer
6.
We know 1000 tickets are sold, at $3 each.
The probability of outcome $1000 is 1/1000.
The probability of outcome $500 is 1/1000.
The probability of $100 is 5/1000.
The probability of losing your money, -$3, is (993/1000).
E(x) = ($1000)*(1/1000) + ($500)*(1/1000) + ($100)*(5/1000) + (-$3)*(993/1000)
=-$1
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