a. How many different sets of 3-digit numbers are possible?
b. What is the probabilty of winning?
c. Find the expected value.
2007-10-25 15:49:27 · 2 answers · asked by The Douger 1 in Education & Reference ➔ Homework Help
There are 1000 possible combinations starting with 000 and ending with 999.
1 in 1000
Expected value depends on the percentage of revenue distributed as prize money. Typically 50%
It also depends on how many winning tickets there are. If the total payout is $1000 and there are ten winning tickets the value is $100 per ticket.
2007-10-25 15:58:11 · answer #1 · answered by Charles C 7 · 0⤊ 0⤋
India had a particular to appropriate adventure after Australia's first innings batting,i assumed it became stable first innings from Aussies yet India scored so speedy because of the fact of Dhawan and co and Australia's 2d innings capitulation that befell so promptly on the final day can no longer be defined even via Ian Chappell.Batting for India clicked so properly in the time of this sequence,that they had a particular to appropriate adventure.Australia could desire to've drawn this adventure yet they ended up dropping on the final day because of the fact of a few undesirable batting in 2d innings.
2016-12-30 06:05:24 · answer #2 · answered by Anonymous · 0⤊ 0⤋