document.write( "Question 729350: An instant lottery ticket costs $1. In a total of 10,000 tickets for the lottery, 1000 tickets contain a prize of $3 each, 100 tickets have a prize of $5 each, five tickets have a prize of $100 each, and one ticket has a prize of $1000. Let x be the random variable that denotes the net amount a player wins by playing this lottery.
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document.write( "a. Construct the probability distribution table for x.
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document.write( "b. Find the mean and standard deviation of x.
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document.write( "c. How will you interpret the value of the mean of x? \n" );
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Algebra.Com's Answer #445959 by lynnlo(4176)![]() ![]() ![]() You can put this solution on YOUR website! \n" ); document.write( " |