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Mathematics, 03.12.2019 02:00 19thomasar

Seven thousand lottery tickets are sold for $5 each. one ticket will win $2,000, two tickets will win $750 each, and five tickets will win $100 each. let x denote the net gain from the purchase of a randomly selected ticket. a. construct the probability distribution of x. b. compute the expected value e(x) of x. interpret its meaning. c. compute the standard deviation Οƒ of x.

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