Question 1 : What is the probability of drawing an Ace GIVEN THAT the card drawn is RED from a standard 52 card deck?

A game show spinner has these odds of stopping on a particular dollar values: 40% for $5, 25% for $100, 20% for $500, and 15% for $1000. What are the odds of a player winning $500 or $1000?

In gambling, the chances of winning are often written in terms of odds rather than probabilities. The odds of winning is the ratio of the number of successful outcomes to the number of unsuccessful outcomes. The odds of losing is the ratio of the number of unsuccessful outcomes to the number of successful outcomes. For example, if the number of successful outcomes is 2 and the number of unsuccessful outcomes is 3, the odds of winning are 2:3 (read "2 to 3") or 2 2 (Note: If the odds of winning are the probability of success is 3' 5.) 2 3 The odds of an event occurring are 3:1. Find (a) the probability that the event will occur and (b) the probability that the event will not occur.

At races, your horse, White Rum, has a probability of 1/20 of coming 1st, 1/10 of coming 2nd and a probability of ¼ in coming 3rd. First place pays $5,000 to the winner, second place $4,000 and third place $1,350. Hence, is it worth entering the race if it costs $1050?

Activity #4: PROBABILITY Read and analyze the problems, show your solution, and box the answer. 1. What would be the probability of a. picking a black card at random from a standard deck of 52 cards? b. picking a face card (i.e. a king, queen, or jack)? c. not picking a face card? 2. What is the probability of rolling, on a fair dice: a. a 3? b. an even number? c. zero? d. a number greater than 4? e. a number lying between 0 and 72 f. a multiple of 3 given that an even number was drawn? 3. A standard deck of playing cards is well shuffled and from it, you are given two cards. You can have 0, 1, or 2 aces: three possibilities altogether. So, the probability that you have two aces is equal to 1/3. What is flawed about this argument? 4. You shuffle a deck of playing card, and then start turning the cards one at a time. The first one is black. The second one is also a black card. So is the third, and this happens up to the 10th card. You start thinking, "the next one will likely be red!"…

Suppose you play a game of rolling a 12-face die. You win if you roll a “3” or “6” or “9”. Otherwise, you lose. a. What is the probability of winning a game? Your answer is 1/4 . Write your answer in decimal number. b.   What is the probability of losing a game? Your answer is   Write your answer in decimal number. c. Suppose you pay $10 to play the game. You get $10 if you win. Otherwise, you lose the $10. What is your expected value of betting on “3”, “6”, “9”. Hint: 10 x (probability of winning) + (–10) x (probability of losing). Your answer is   Write your answer in decimal number. d. What is your expected value of betting on “3”, “6”, “9” for 50 times. Your answer is

Assuming you were lucky enough to win and the pay off odds were 35:1, how much money would you get back? Dont forget to include your original $5 bet in your payout. $. DO NOT include $ sign in your answer.

Need help with this Intro to probability and statistics homework problem. Below th the homework problem is the answers. Make sure your handwriting is neat and readable.   Answers from textbook: (a) 0.0778 (b) 0.3456 (c) 0.9898

Maria plays basketball and is a 64% free throw shooter (meaning on average she hits 64 of 100 free throws). Maria attempts five free throw shots in a typical game. During a 25-game season, Maria had a game in which she attempted five free throws and hit all five of them. Do you think she had a "hot" day, or was it just chance? Explain your reasoning. .……... Is the streak surprising? Explain. Select the correct choice below and fill in the answer box(es) within your choice. (Round to two decimal places as needed.) A. The probability that she made five free throw tosses out of five is OB. The probability that she made five free throw tosses out of five is OC. The probability that she made five free throw tosses out of five is D. The probability that she made five free throw tosses out of five is which makes it very surprising. and the probability of it happening at least once in the season is which is very unlikely regardless of the number of games in the season. which is likely to…

Select TWO correct statements about odds ratio.   A. It is an effective way to present a 2x2 table. B. It is the probability of having an event. C. It is the ratio of the probability of having an event to the probability of not having the event. D. It is the ratio of two odds.