There are 20 people competing in a contest, first place earns $100, second place earns $50 and third place earns $25. how many w
1 answer:
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Answer:
a) No
b) 42%
c) 8%
d) X 0 1 2
P(X) 42% 50% 8%
e) 0.62
Step-by-step explanation:
a) No, the two games are not independent because the the probability you win the second game is dependent on the probability that you win or lose the second game.
b) P(lose first game) = 1 - P(win first game) = 1 - 0.4 = 0.6
P(lose second game) = 1 - P(win second game) = 1 - 0.3 = 0.7
P(lose both games) = P(lose first game) × P(lose second game) = 0.6 × 0.7 = 0.42 = 42%
c) P(win first game) = 0.4
P(win second game) = 0.2
P(win both games) = P(win first game) × P(win second game) = 0.4 × 0.2 = 0.08 = 8%
d) X 0 1 2
P(X) 42% 50% 8%
P(X = 0) = P(lose both games) = P(lose first game) × P(lose second game) = 0.6 × 0.7 = 0.42 = 42%
P(X = 1) = [ P(lose first game) × P(win second game)] + [ P(win first game) × P(lose second game)] = ( 0.6 × 0.3) + (0.4 × 0.8) = 0.18 + 0.32 = 0.5 = 50%
e) The expected value
f) Variance
Standard deviation