document.write( "Question 1099122: Suppose your state runs a \"game\" where you pay one dollar for a ticket. You then scratch
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document.write( "a silver lm o the ticket to see whether you win a prize. Two ticket in a thousand pay
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document.write( "$100, 20 tickets in a thousand pay $10, 100 tickets in a thousand pay $2, and 150 tickets
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document.write( "in a thousand pay $1. The remaining tickets win nothing and leave you behind by the
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document.write( "dollar you paid for them. Let the random variable X be your net gain per ticket in this
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document.write( "game.
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document.write( "Guidance:
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document.write( "For example, if you win $10, your 'net gain' (after paying $1 for the ticket) is $9. If your
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document.write( "ticket pays nothing, your 'net gain' (after paying $1 for the ticket) is $-1.
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document.write( "(a) Construct a table showing the probability distribution of X. \n" );
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Algebra.Com's Answer #713571 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! x===============p(x)======x*p(x) \n" ); document.write( "99--------------0.002=====.198 \n" ); document.write( "9---------------0.02======.18 \n" ); document.write( "1---------------0.10------.10 \n" ); document.write( "0---------------0.15=======0 \n" ); document.write( "-1==============0.728======minus 0.728 \n" ); document.write( "the E(X)=0.478-0.728=-0.25 or a loss of 25 cents. \n" ); document.write( " |