1. A gambler makes 100 column bets at roulette. The chance of winning on any one play is 12/38. The gambler can either win $ 5 or lose $2 on each play.

a) Find the expected total amount of the gambler's win.
b) Find the standard deviation for the total amount of the gambler's win.
c) Use the normal distribution to estimate the probability that, in total, the gambler wins at least $1. (Note: Is it necessary to use the continuity correction? )

a) Expected amount of the gambler's win = $0.209

b) SD = 2.26

c)P (X >1) = P(z >0.35) = 0.36317

Step-by-step explanation:

The probability of winning, p = 12/38 =6/19

Probability of losing, q = 1 -p = 1-6/19

q = 13/19

Win amount = $5

Loss amount = $2

a) Expected total amount of win = ((6/19)*5) - ((13/19)*2)

Expected total amount of win = 1.579 - 1.369

Expected amount of win, E(X) = $0.209

b) Standard Deviation for the total amount of the gambler's win

E(X²) = (6/19)*5²  -  (13/19)*2²

E(X²) = 5.158

SD = 2.26

c)  probability that, in total, the gambler wins at least $1.

P(X >1)

μ = E(x) = 0.209

z = (1-0.209)/2.26

z = 0.35

P( X >1) = P(z >0.35)

P(z >0.35) = 1 - P(z <0.35)

P(z >0.35) = 1 - 0.63683

P(z >0.35) = 0.36317

the median here is 25. your lowest value is 14 and highest value is 48. to find the third quartile, find the medium number in between 25 and 48 which would be 42 i believe.

(1, –1), (16, –4), (36, –6)

step-by-step explanation:

given that the function is

this can also be written as

we have to graph this function and check which list of points lie on the graph

see attachment for graph:

we find that the points lying are (1,-1) (16,-4) and (36,-6)

since square root is there we find that x can only be posiitve but y can be since square root both positive and negative.