Concept explainers
(a)
To find: The expected value of the
Answer to Problem 16PS
There expected value is
Explanation of Solution
Given:
The expected value V of an event A is the sum of the products of the outcomes’ probabilities (
Calculation:
The probability of selecting 5 different numbers chosen from the numbers 1 to 47 is
The probability of selecting one MEGA number chosen from the numbers 1 to 27 is 27.
So, the combined probability of choosing 5 different numbers from a lot of 1 to 47 and choosing one MEGA number from a lot of 1 to 27 numbers is
The jackpot for the next drawing is
So, the expected value of the
Chapter 9 Solutions
EBK PRECALCULUS W/LIMITS
- Calculus: Early TranscendentalsCalculusISBN:9781285741550Author:James StewartPublisher:Cengage LearningThomas' Calculus (14th Edition)CalculusISBN:9780134438986Author:Joel R. Hass, Christopher E. Heil, Maurice D. WeirPublisher:PEARSONCalculus: Early Transcendentals (3rd Edition)CalculusISBN:9780134763644Author:William L. Briggs, Lyle Cochran, Bernard Gillett, Eric SchulzPublisher:PEARSON
- Calculus: Early TranscendentalsCalculusISBN:9781319050740Author:Jon Rogawski, Colin Adams, Robert FranzosaPublisher:W. H. FreemanCalculus: Early Transcendental FunctionsCalculusISBN:9781337552516Author:Ron Larson, Bruce H. EdwardsPublisher:Cengage Learning