72 You buy a lottery ticket to a lottery that costs 10 per t

72. You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery. In this lottery there are one $500 prize, two $100 prizes, and four $25 prizes. Find your expected gain or loss.

88. A school newspaper reporter decides to randomly survey 12 students to see if they will attend Tet (Vietnamese New Year) festivities this year. Based on past years, she knows that 18% of students attend Tet festivities. We are interested in the number of students who will attend the festivities.

a. In words, define the random variable X.

b. List the values that X may take on.

c. Give the distribution of X. X ~ _____(_____,_____)

d. How many of the 12 students do we expect to attend the festivities?

e. Find the probability that at most four students will attend.

f. Find the probability that more than two students will attend.

124. Suppose that 10,000 U.S. licensed drivers are randomly selected.

a. How many would you expect to be male?

b. Using the table or tree diagram, construct a contingency table of gender versus age group.

c. Using the contingency table, find the probability that out of the age 20

Solution

$500 prize: +490