Assume that the pond contains 90 fish: 76 orange, 13 blue, and 1 green. A contestant pays $0.55 to randomly catch one fish and receives $0.20 if the fish is orange, $1.20 if the fish is blue, and $12.00 if the fish is green. How much (on average) does the carnival gain on each play? (If the carnival loses money, enter a negative dollar amount)

Assume that the pond contains 90 fish: 76 orange, 13 blue, and 1 green. A contestant pays $0.55 to randomly catch one fish and receives $0.20 if the fish is orange, $1.20 if the fish is blue, and $12.00 if the fish is green. How much (on average) does the carnival gain on each play? (If the carnival loses money, enter a negative dollar amount)

Name: Assume that the pond contains 90 fish: 76 orange, 13 blue, and 1 gree
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Description: Assume that the pond contains 90 fish: 76 orange, 13 blue, and 1 green. A contestant pays $0.55to randomly catch one fish and receives $0.20 if the fish is orange, $1.20 if the fish is blue, and$12.00 if the fish is green.How much (on average) does

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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Concept explainers

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.

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Question

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Assume that the pond contains 90 fish: 76 orange, 13 blue, and 1 green. A contestant pays $0.55
to randomly catch one fish and receives $0.20 if the fish is orange, $1.20 if the fish is blue, and
$12.00 if the fish is green.
How much (on average) does the carnival gain on each play? (If the carnival loses money, enter a
negative dollar amount)

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