A gambling game pays 8 to 1 and has chance 1 out of 10 of winning. If someone plays this game 225 times, betting $2 each time, what is the approximate chance that they win $60 or more in total? Use a box model and normal approximation to do the problem, and choose the answer that is closest. 0% 9.7% 19.4% 80.6%
A gambling game pays 8 to 1 and has chance 1 out of 10 of winning. If someone plays this game 225 times, betting $2 each time, what is the approximate chance that they win $60 or more in total? Use a box model and normal approximation to do the problem, and choose the answer that is closest. 0% 9.7% 19.4% 80.6%
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
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A gambling game pays 8 to 1 and has chance 1 out of 10 of winning. If someone plays this game 225 times, betting $2 each time, what is the approximate chance that they win $60 or more in total?
Use a box model and normal approximation to do the problem, and choose the answer that is closest.
0%
9.7%
19.4%
80.6%
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