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A gambling machines works in the following way. The player inserts a penny into 1 of 5 slots which are colored Blue, Red, Orange, Yellow & Green corresponding to 5 colored light bulbs. The player can choose which ever colored slot he likes. After the penny has been inserted 1 of the 5 bulbs lights up. If the bulb lit up is the same color as the slot selected by the player, then the player wins and receives from the machine R pennies, where P(R=2)=1/2, P(R=4)=1/4, P(R=6)=3/20, & P(R=8)=P(R=10)=1/20 If the color of the bulb lit up and the slot selected are not the same, the player receives nothing from the machine. In either case the player does not get back the penny that he inserted. Assuming that each of the colors is equally likely to light up and that the machines selects the bulbs at random, determine (c ) the variance of the amount gained by the player from a single try.
What is the probability 0.10 called?
Books of original entry Books of original entrance are a record in which the various or many other transactions are initially and formally recorded and serve up as the straight so
#question.differentiate between historigram and histogram.
what is the need
I have a midterm coming up the teacher is allowing us to have a front & back cheats on anything we want on it. Is there a way you guys can make me one?
Barker Company has a single product called a Zet. The company normally produces and sells 80,000 Zets each year at a selling price of $40 per unit. The company’s unit costs at this
A box contains 20 fuses of which 5 are defective If 2 fuses are chosen together at random what is the probability that both the fuses are defective?ion..
note: Raw material costs 15 500 Direct Labor Costs: 14 750 Overhead costs 11 800 plant Finished Goods 37 500 Raw materials are charged into an order that is still in the process
Graphical representation of freehand and semi average method
03 (a) Explain the term capital rationing and suggest the criteria to be used in ranking projects under capital rationing. (05) (b) There are three projects X Y and Z having follow
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