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a.Construct the probability distribution of X. b.Find the probability of winning any amount in the purchase of one ticket. c.Find the expected value of X, then interpret.

a.Construct the probability distribution of X. b.Find the probability of winning any amount in the purchase of one ticket. c.Find the expected value of X, then interpret.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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11:35 ... Once upon a time there was a beach resort that is very famous among the locals of Greece named, Casa Palmera. This beach house decided to organize a raffle game for their 18th anniversary. Five hundred raffle tickets are sold for P1000 each. The third prize is an Ipad 10 worth P28.990. The second prize is an Apple Iphone XR and a KK8 mini drone worth P32.785. And the jackpot is Macbook pro and a Château La Gravelle Bordeauxworth wine worth P117,840.00. Let x denote the net gain from a purchase of one ticket. + Delete page Duplicate pa. Add page No
Transcribed Image Text:11:35 ... Once upon a time there was a beach resort that is very famous among the locals of Greece named, Casa Palmera. This beach house decided to organize a raffle game for their 18th anniversary. Five hundred raffle tickets are sold for P1000 each. The third prize is an Ipad 10 worth P28.990. The second prize is an Apple Iphone XR and a KK8 mini drone worth P32.785. And the jackpot is Macbook pro and a Château La Gravelle Bordeauxworth wine worth P117,840.00. Let x denote the net gain from a purchase of one ticket. + Delete page Duplicate pa. Add page No
a.Construct the probability distribution of X. b.Find the probability of winning any amount in the purchase of one ticket. c.Find the expected value of X, then interpret. Solution:
Transcribed Image Text:a.Construct the probability distribution of X. b.Find the probability of winning any amount in the purchase of one ticket. c.Find the expected value of X, then interpret. Solution:
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