Mathematics, 14.11.2020 04:20 mdegracia73
A simple "Pick-3" lottery consists of players picking three digits from 0 to 9 with repeats allowed. It costs
$1 to play, and a player wins $500 if they match all three numbers drawn. Jaime decides to buy 10 tickets
to improve their chances of winning,
The table below displays the probability distribution of X the amount of money Jaime profits from this
strategy
Win
Lose
--$10
X = profit $490
P(X)
1%
99%
Given that px = -$5, calculate ox.
Round your answer to two decimal places.
σX
dollars
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Answers: 3
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A simple "Pick-3" lottery consists of players picking three digits from 0 to 9 with repeats allowed....
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