The following table lists the probability distributions of the winnings for one play of a game of chance. Winning $1 $25 Probability 0 0.60 0.25 $5 ? $10 0.05 0.01 What is the probability of winning no more than $5 in one play of this game?

Suppose the probability of an IRs audit is 4.2 percent for U.S taxpayers who file form 1040 and who earned 100,000 or more.   what are the odds that such taxpayer will be audited?   what are the odds against such taxpayer being audited?

The table below is a legitimate probability model for the number of cars in a randomly-selected household in the United States. Number of cars Probability 5 or more 0.02 1 4 0.07 0.19 0.47 ? 0.06 What is the probability that a randomly selected household has three cars? What is the probability that a randomly-selected household has at least 2 cars?

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The table shown here represents the number of televisions per American household. According to this table, what is the probability that a given household will have MORE THAN 3 TV's?

Several friends chartered a boat for a day's fishing. They caught a total of 70 fish. The table below provides information about the type and number of fish caught. Determine the empirical probability that the next fish caught is a flounder. Fish Number caught Grouper 12 Shark 16 Flounder Kingfish 38

In an experiment, college students were given either four quarters or a $1 bill and they could either keep the money or spend it on gum. The results are summarized in the table. Complete parts (a) through (c) below. Purchased Gum Kept the Money Students Given Four Quarters 34 16 Students Given a $1 Bill 15 31 a. Find the probability of randomly selecting a student who spent the money, given that the student was given a $1 bill. The probability is . (Round to three decimal places as needed.) b. Find the probability of randomly selecting a student who kept the money, given that the student was given a $1 bill. The probability isO: (Round to three decimal places as needed.) c. What do the preceding results suggest? O A. A student given a $1 bill is more likely to have spent the money than a student given four quarters. O B. A student given a $1 bill is more likely to have kept the money than a student given four quarters. OC. A student given a $1 bill is more likely to have kept the…

Several friends chartered a boat for a day's fishing. They caught a total of 63 fish. The table below provides information about the type and number of fish caught. Determine the empirical probability that the next fish caught is a kingfish. Fish Number caught Grouper Shark Flounder Kingfish 11 20 6 26 P(kingfish) = (Simplify your answer. Type a fraction.)

Your friend Phil, asks you what you think about a new scratch-off lottery game. It costs $10 to play this game, There are two outcomes for the game (win, lose) and the probability that a player wins a game is 60%. A win results in $15, for a net win of $5 ($15 minus the $10 paid to play). The probability distribution for x� (the amount of money a player wins or loses) in a single game is as follows:

The annual premium for a $20,000 insurance policy against the theft of a painting is $300. If the probability that the painting will be stolen during the year is 0.02, what is your expected return from the insurance company if you take out this insurance?   Upload your answer with your work and explanations here