Suppose that the horses are evenly matched so that all

Reference no: EM13630538

Suppose you and a friend are betting on a horse race involving four horses. You can win money in one of the following ways:

If horse 3 ?nishes in front of horse 2, you receive $5.

If neither horse 4 nor horse 2 ?nishes last, you receive $5.

Your friend can win money in one of the following ways:

If the winning horse is either horse 1 or horse 3, your friend receives $4.

If horse 1 is second or third, your friend receives $3.

Suppose that the horses are evenly matched, so that all possible finishing orders are equally likely. Let X represent your winnings, and let Y represent your friend's winnings.

(a) Give the joint PMF for X and Y (you may give it in table format).

(b) What is the probability that you win more money than your friend?

Reference no: EM13630538

Questions Cloud

The claim is that the proportion of adults who smoked a : the claim is that the proportion of adults who smoked a cigarette in the past week is less than 0.35 and the sample

The fill volume of an automated filling machine used for : the fill volume of an automated filling machine used for filling cans of carbonated beverage is normally distributed

The claim is that the proportion of peas with yellow pods : the claim is that the proportion of peas with yellow pods is equal to 0.25 or 25. the sample statistics from one

Find the required sample size without making a guess for : find the required sample size without making a guess for the observed value of . a computer manufacturer wishes to

Suppose that the horses are evenly matched so that all : suppose you and a friend are betting on a horse race involving four horses. you can win money in one of the following

Which of the following statements about the sampling : which of the following statements about the sampling distribution of the sample mean x-bar is not true?the distribution

Twenty officers participating in the survey are randomly : a survey asks 1400 chief financial officers has the economy forced you to postpone or reduce the amount of vacation you

Patients who have artificial hip-replacement surgery : patients who have artificial hip-replacement surgery experience pain the first day after surgery. typically the pain is

Suppose that you are in a class of 33 students and it is : suppose that you are in a class of 33 students and it is assumed that approximately 15 of the population is

User Account

All Pages