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Mathematics, 25.03.2021 20:00 baisydravoo
There are two golfers, golfer A and golfer B are going to play three golf matches. Each match, golfer A has a 30% chance of winning and all matches are independent. There are no ties.
a)Give image of X, lm(X)
b)Give P(X=x) for all values x from above and show probability distribution of x in a table
c)What is the expected number golfer A wins each match and the variance.
d) The players don’t know how the odds work so they each make a bet. Golfer A wins $50 if he wins the match and Golfer B wins $20. Define Y=golfer A profit written as Y=50X-20(3-X). Give standard deviation and expected value.
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There are two golfers, golfer A and golfer B are going to play three golf matches. Each match, golfe...
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