Question

If a salesperson has gross sales of over $600,000 in a year, then he or she is eligible to play the company's bonus game: A black box contains 2 one-dollar bills, 1 five-dollar bill and 1 twenty-dollar bill. Bills are drawn out of the box one at a time without replacement until a twenty-dollar bill is drawn. Then the game stops. The salesperson's bonus is 1,000 times the value of the bills drawn. Complete parts (A) through (C) below.

(A) What is the probability of winning a $22 ,000 bonus?

(B) what is the probability of winning the maximum bonus by drawing out all the bills?

(c) What is the probability of the game stopping at the second draw?

Answer #1

for any doubt comment

An urn contains 2 one-dollar bills, 1 five-dollar bill and 1 ten-dollar bill. A player draws bills one at a time without
replacement from the urn until a ten-dollar bill is drawn. Then
the game stops. All bills are kept by the player. Determine: (A)The probability of winning $17. ?(B)??The probability of
winning all bills in the urn. C)The probability of the game
stopping at the second draw.

An urn contains 3 one-dollar bills, 1 five-dollar bill and 1
ten-dollar bill. A player draws bills one at a time without
replacement from the urn until a ten-dollar bill is drawn. Then
the game stops. All bills are kept by the player. Determine:
(A) The probability of winning $10.
(B) The probability of winning all bills in the urn.
(C) The probability of the game stopping at the second
draw

1. A particular slot machine in a casino has payouts set so that
the probability of winning money in one play of the slot machine is
29%. Each game on the slot machine is independent of all other
games played on that machine. If a player chooses to play three
games in a row on this machine, what is the probability that he or
she will win money in every one of those three games?
2. In a short string...

ADVERTISEMENT

Get Answers For Free

Most questions answered within 1 hours.

ADVERTISEMENT

asked 3 minutes ago

asked 19 minutes ago

asked 27 minutes ago

asked 31 minutes ago

asked 31 minutes ago

asked 33 minutes ago

asked 36 minutes ago

asked 40 minutes ago

asked 41 minutes ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago