Suppose box 1 has four black marbles and two white marbles, and box 2 has two...

70.2K

Verified Solution

Question

Statistics

  1. Suppose box 1 has four black marbles and two white marbles, andbox 2 has two black marbles and five marbles. If you picked onemarble from one of the two boxes at random, what it the probabilitythat you picked from box 1 given that the marble you picked isblack?

  1. A raffle has 5000 tickets with the following prizes: 1 tickethas $2000 prize, 10 tickets have $200 prize, and 20 tickets have$50 prize and 500 tickets have a $20 prize. If to buy a ticketcosts $15, and X is the random variable that measures netprofit:
  1. Calculate the pdf table of X
  2. Calculate E(X), Var(X)

Answer & Explanation Solved by verified expert
3.8 Ratings (452 Votes)
    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students