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Suppose a box of 100 numbered tickets consists of 37 tickets labeled $1, 24 tickets labeled $2, 11 tickets labeled $3, and the remaining tickets
Suppose a box of 100 numbered tickets consists of 37 tickets labeled $1, 24 tickets labeled $2, 11 tickets labeled $3, and the remaining tickets labeled $0. You will draw 3 times at random with replacement, add up the dollar amounts, and win that total amount. (So, the most you could win is $9.)
Let the random variable W equal the total amount you will win. Compute the probability mass of W = $7 and provide it in decimal form, rounded to four places.
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