document.write( "Question 1204574: Suppose that in a casino game the payout is a random variable X. If X is positive, you gain money, if negative, you lose. Let p(i) = P(X = i) and suppose that
\n" );
document.write( "p(0)= 1/4, p(1)=p(-1)= 147/520, p(2)=p(-2)= 9/104 and p(3)=p(-3) = 3/520.
\n" );
document.write( " Given that a player playing the game wins a positive amount, compute the conditional probability that...
\n" );
document.write( "... X = 1: ?\r
\n" );
document.write( "\n" );
document.write( "... X = 2: ?\r
\n" );
document.write( "\n" );
document.write( "... X = 3: ?\r
\n" );
document.write( "\n" );
document.write( "Could you please answer my question above?
\n" );
document.write( "I tried something like this but I am not sure about adding 0:
\n" );
document.write( "P(0)+P(1)+P(2)+P(3)=325/520
\n" );
document.write( "X=1 -> 147/325
\n" );
document.write( "X=2 -> 9/65
\n" );
document.write( "X=3 -> 3/325\r
\n" );
document.write( "\n" );
document.write( "Thank you very much for your effort!\r
\n" );
document.write( "
\n" );
document.write( "
\n" );
document.write( "\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #840907 by greenestamps(13203)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "0 is not a positive amount.... \n" ); document.write( "P(1)+P(2)+P(3) = 195/520 \n" ); document.write( "Then \n" ); document.write( "P(X=1) = 147/195 \n" ); document.write( "P(X=2) = 45/195 \n" ); document.write( "P(X=3) = 3/195 \n" ); document.write( " \n" ); document.write( " |