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Lottery Ticket Probability Distribution Analysis

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Analyze the scenario and complete the following 1. Compiete the discrete probability distribution for the givea vizlable. 7. Calculate the expected value and variance of the discrete probability distribution. The value of a ticket in a iottery, in which 2,000 tickets are sold, with 1 grand prize of $4,000,5 first prizes of $350,35 second prizes of $150, and 70 third prizes of $40. 1. Round oroberbilmet to 4 decimat placer. iI. B(X) Rewnd ta dechelpacet Var()= Wesed lo w oreivar plecru.

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Analyze the scenario and complete the following 1. Compiete the discrete probability distribution for the givea vizlable. 7. Calculate the expected value and variance of the discrete probability distribution. The value of a ticket in a iottery, in which 2,000 tickets are sold, with 1 grand prize of $4,000,5 first prizes of $350,35 second prizes of $150, and 70 third prizes of $40. 1. Round oroberbilmet to 4 decimat placer. iI. B(X) Rewnd ta dechelpacet Var()= Wesed lo w oreivar plecru

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Lottery Ticket Probability Distribution Analysis

  • 1. Analyze the scenario and complete the following 1. Compiete the discrete probability distribution for the givea vizlable. 7. Calculate the expected value and variance of the discrete probability distribution. The value of a ticket in a iottery, in which 2,000 tickets are sold, with 1 grand prize of $4,000,5 first prizes of $350,35 second prizes of $150, and 70 third prizes of $40. 1. Round oroberbilmet to 4 decimat placer. iI. B(X) Rewnd ta dechelpacet Var()= Wesed lo w oreivar plecru