subject
Mathematics, 13.03.2020 04:55 gemiegenial15

A dealership sent out fliers to prospective customers, indicating that they had already won one of three different prizes. The three prices are either a new car valued at 5,000, a $500 gas card, or a $55 gift card. To claim his or her prize, a prospective customer needed to present the flier at the dealership's showroom. The fine print on the back of the flier listed the probabilities of winning. The chance of winning the car was 1 out of 13,320, the chance of winning the gas card was 1 out of 13,320, and the chance of winning the gift card was 13,318 out of 13,320. Complete parts (a) and (b).

a). Using the probabilities listed on the flier, what is the expected value of the prize won by a prospective customer receiving a flier?
b). Using the probabilities listed on the flier, what is the standard deviation of the value of the prize won by a prospective customer receiving a flier?

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 18:20, julieariscar769
Inez has a phone card. the graph shows the number of minutes that remain on her phone card a certain number of days.
Answers: 2
image
Mathematics, 21.06.2019 19:20, krisik
The graph below shows the height of a projectile t seconds after it is launched. if acceleration due to gravity is -16 ft/s2, which equation models the height of the projectile correctly?
Answers: 2
image
Mathematics, 21.06.2019 20:00, lattimorekeonna1
Find the least common multiple of the expressions: 1. 3x^2, 6x - 18 2. 5x, 5x(x +2) 3. x^2 - 9, x + 3 4. x^2 - 3x - 10, x + 2 explain if possible
Answers: 1
image
Mathematics, 21.06.2019 20:30, Gabyngreen
What is the interquartile range of this data set? 2, 5, 9, 11, 18, 30, 42, 48, 55, 73, 81
Answers: 1
You know the right answer?
A dealership sent out fliers to prospective customers, indicating that they had already won one of t...

Questions in other subjects:

Konu
Mathematics, 16.01.2020 22:31