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An instant lottery ticket costs $2 Out of a total of 10,000 tickets printed for this lottery, 500 tickets contain a prize of $5 each, 75 tickets have a prize of $10 each, 6 tickets have a prize of $1000 each, and 1 ticket has a prize of $5000 Let x be the random variable that denotes the net amount a player wins by playing this lottery.
Write the probability distribution of x.
Enter the exact answers. Enter your answers for x in increasing order.
x p (x)
Determine the mean and standard deviation of x Round your answers to two decimal places.
On average, the players who play this game are expected ; gain, lose gain lose $ Enter you answer; Mean per ticket with a standard deviation of $
Enter you answer; Standard deviation
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A stock has a beta of 1.11, and an expected return of 10.87. If the risk free rate is 4.38 percent, what is the reward to risk ratio of the stock?
Why is it important to final project report, presentation, and lessons-learned report?
Since this particular class is a large lecture section of 300 students, and the final examination period lasts 240 minutes
An irregularly shaped object of unknown area A is located in the unit square 0 = x = 1, 0 = y = 1. Consider a random point distributed uniformly.
The New York Times reported (L. J. Flynn, Tax Surfing, The New York Times, March 25, 2002, p. C10) that the mean time to download the home page for the Internal
cola makers test new recipes for loss of sweetness during storage. trained tasters rate the sweetness before and after
Table 7.17 is from a General Social Survey. White subjects in the sample were asked: (B) Do you favor busing (Negro/Black) and white school children from one school district to another?, (P) If your party nominated a (Negro/Black) for President, w..
Deep-hole drilling for oil. ‘‘Deep hole'' drilling is a family of drilling processes used when the ratio of hole depth to hole diameter exceeds 10.
Suppose that the average annual salary for the worker in United States is $39,000.00 and that the annual salaries for Americans are normally distributed with a standard deviation equal to $7,000.00.
your client is considering two investments and has asked you to evaluate these alternatives. provide financial and risk
Find the 95% confidence interval of the mean number of ER patients treated each day at the hospital.
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