Reference no: EM131747927
Door prize. You are among 100 people attending a charity fundraiser at which a large-screen TV will be given away as a door prize. To determine who wins, 99 white balls and 1 red ball have been placed in a box and thoroughly mixed. The guests will line up and, one at a time, pick a ball from the box. Whoever gets the red ball wins the TV, but if the ball is white, it is returned to the box. If none of the 100 guests gets the red ball, the TV will be auctioned off for additional benefit of the charity.
a. What's the probability that the first person in line wins the TV?
b. You are the third person in line. What's the probability that you win the TV?
c. What's the probability that the charity gets to sell the TV because no one wins?
d. Suppose you get to pick your spot in line. Where would you want to be in order to maximize your chances of winning?
e. After hearing some protest about the plan, the organizers decide to award the prize by not returning the white balls to the box, thus ensuring that 1 of the 100 people will draw the red ball and win the TV. Now what position in line would you choose in order to maximize your chances?
|
Review problem on economics and finance
: Economics and Finance When unemployment rises, high school students face more competition from college students and adult workers for summer jobs.
|
|
What is the probability that a woman whose test
: What is the probability that a woman whose test indicates that she is pregnant actually is?
|
|
Develop pro forma financial statements for your business
: Develop pro forma financial statements for your business plan including, at a minimum, balance sheets, income statements.
|
|
Define options for disposal of grass clippings
: Marketing and Consumer Behavior Most walkbehind lawn mowers have three options for disposal of grass clippings: by bagging, by mulching, or by side discharge.
|
|
What is the probability that the first person
: a. What's the probability that the first person in line wins the TV? b. You are the third person in line. What's the probability that you win the TV?
|
|
What are our tendencies good in tension with one another
: What are our tendencies, good and bad, in tension with one another? Would it surprise you to learn that late in her life, Rand accepted government assistance?
|
|
Why do accidents happen in the workplace
: Why do accidents happen in the workplace? Why is employees' safety and health important?
|
|
How does foucault de?ne genealogy
: How does Foucault de?ne genealogy as a mode of historical critique? What are the qualities and characteristics of genealogy? How does genealogy differ from
|
|
Proportion of clothing orders shipped to other countries
: In the previous year, the true proportion of clothing orders shipped to other countries was believed to be 0.30.
|