Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Hi, I need help with these questions. Thank you Answer the questions completely. Show all of your work or support your answers. 1. Fifty-three percent
Hi, I need help with these questions. Thank you
Answer the questions completely. Show all of your work or support your answers. 1. Fifty-three percent of all persons in the U.S. population have at least some college education. Choose 10 persons at random. Find the probability that: a. Exactly one-half have some college education b. At least 5 do not have any college education c. Fewer than 5 have some college education 2. For a daily lottery, a person selects a three-digit number. If the person plays for $1, she can win $500. Find the expectation. In the same daily lottery, if a person boxes a number, she will win $80. Find the expectation if the number 123 is played for $1 and boxed. (When a number is "boxed," it can win when the digits occur in any order.)Answer the questions completely. Show all of your work or support your answers. 1. Fifty-three percent of all persons in the U.S. population have at least some college education. Choose 10 persons at random. Find the probability that: a. Exactly one-half have some college education b. At least 5 do not have any college education c. Fewer than 5 have some college education 2. For a daily lottery, a person selects a three-digit number. If the person plays for $1, she can win $500. Find the expectation. In the same daily lottery, if a person boxes a number, she will win $80. Find the expectation if the number 123 is played for $1 and boxed. (When a number is "boxed," it can win when the digits occur in any order.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started