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An individual has $ 100 initially. He repeatedly plays a game of chance in which he earns $ 100 with probability 0.8 or loses $ 100 with probability 0.2. The stops playing at the first of two possibilities: he has no more money or he has 400$.
(A) On average, how many times will heplays?
(B) What is the probability that he will end with $ 400?
(C) Calculate the expected profit. Would he have had a better expected profit if he started with $ 200?
Ten students are given coaching for environmental statistics. The score obtained in tests 1 and 5 are given below: Sl No of student 1 2 3 4 5 6 7 8 9 10 Marks in 1st test 50 52 53
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a fair die is thrown 3 times.let X1,X2,X3 denote results of 3 throws.what is the probablity that p[X1>X2+X3]
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All Excel output should be copied into a single Word document where you must enter all of your responses to the questions below. Format the document professionally so it flows well
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I need help with mystatlab assignment, can anyone assist me?
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