on a popular fictional game show, contestants are given the opportunity to win money by reaching into a bag after being blindfol
ded and selecting a chip with a dollar amount written on it. assume all chips are identical. the bag contains four chips with a $0 amount, six chips with $1, five chips with $5, two chips with $10, and one chip with $100. the chips are mixed in the bag before the contestant draws their chip. a. construct a probability mass function (pmf) for x, the dollar amount won by a contestant in this game. b. what is the expected value for x?
Construct a probability mass function (pmf) for x, the dollar amount won by a contestant in this game is 1/18.
What is a probability math example?
Probability is the measurement of how likely something is to happen.
As an example, since there is only one way to get a head and a total of two possible results, the likelihood of flipping a coin and getting heads is one in two. a tail or a head.
We write P(heads) = 12 here. The four most popular approaches to probability are axiomatic, classical, empirical, and subjective.
