Question

Probability Problem: There are 12 tickets that contain 3 prizes each. I bought 2 tickets. 1....

Probability Problem:

There are 12 tickets that contain 3 prizes each. I bought 2 tickets.

1. Draw a Tree Diagram to represent the problem.

2. What's the probability that I win 2 prizes?

3. What's the probability that I don't win anything?

Homework Answers

Answer #1

Probability tree diagram and classical probability approach

  

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A charity raffle sells 2000 tickets for $1 each. Prizes are awarded of one $100, four...
A charity raffle sells 2000 tickets for $1 each. Prizes are awarded of one $100, four $50, and eight $25. Find the expected value if you purchase 1 ticket. Your expected value should end up negative since there are way more chances to not win than to win one of the prizes. Expected value is calculated by multiplying every possible outcome by its probability and then adding those products. Let's break this down. a) In this case there are 2000...
A lottery with 200 tickets sold gives five prizes-grand prize of $50 2 second prizes of...
A lottery with 200 tickets sold gives five prizes-grand prize of $50 2 second prizes of $20 each and 2/3 prices of $5 each. Tickets for the prices are drawn at random, without replacement (no one can win two prizes). Define a random variable X as the amount won by a person who holds one ticket. A)give the probability distribution for x B)if a ticket cost $10 what is the probability of making a profit by buying a ticket?
At a raffle, 1500 tickets are sold at $2 each for four prizes of $500, $250,...
At a raffle, 1500 tickets are sold at $2 each for four prizes of $500, $250, $150, and $75. Assume all 4 prizes are drawn at the same time (so there is no change in probability between selections of the prizes), and assume all 1500 tickets have an equal chance of being selected. A. Create the probability model for money won from the purchase of one ticket. B. Find and interpret the expected value for one play. C. Find and...
1. One thousand tickets are sold at $1 each for a charity raffle. Tickets are to...
1. One thousand tickets are sold at $1 each for a charity raffle. Tickets are to be drawn at random and cash prizes are to be awarded as follows: 1 prize of $100, 3 prizes of $50, and 5 prizes of $20. What is the expected value of this raffle if you buy 1 ticket? 2. Suppose 10% of the high school students are late for school.What is the probability that exactly 1 out of 5 students will be late...
A charity is conducting a raffle to raise money. Tickets cost $2 each and it is...
A charity is conducting a raffle to raise money. Tickets cost $2 each and it is expected that the charity will sell 8,000 tickets. The winning raffle tickets are to be drawn at random and monetary prizes awarded as follows: 1 prize of $500, 5 prizes of $100, and 30 prizes of $5.What is expected value and create a probability distribution for this?
I buy one of 400 raffle tickets for $20. The sponsors then randomly select 1 grand...
I buy one of 400 raffle tickets for $20. The sponsors then randomly select 1 grand prize worth $600, then 2 second prizes worth $200 each, and then 3 third prizes worth $50each. The selections are made without replacement. (a) Complete the probability distribution for this raffle. Give your probabilities as a decimal (rounded to 4 decimal places) or as a fraction. Outcomes          P(x)          Win Grand Prize     Win a Second Prize     Win a Third Prize     Win Nothing     (b) Recognizing that...
Lottery: I buy one of 400 raffle tickets for $20. The sponsors then randomly select 1...
Lottery: I buy one of 400 raffle tickets for $20. The sponsors then randomly select 1 grand prize worth $500, then 2 second prizes worth $300 each, and then 3 third prizes worth $100 each. The selections are made without replacement. (a) Complete the probability distribution for this raffle. Give your probabilities as a decimal (rounded to 4 decimal places) or as a fraction. Outcomes          P(x)          Win Grand Prize     Win a Second Prize     Win a Third Prize     Win Nothing     (b)...
One thousand tickets are sold at $1 each for a charity raffle. Tickets are to be...
One thousand tickets are sold at $1 each for a charity raffle. Tickets are to be drawn at random and cash prizes are to be awarded as follows: 1 prize of $100, 3 prizes of $50, and 5 prizes of $20. What is the expected value of this raffle if you buy 1 ticket? Now suppose some benefactor agrees to give every player $1000, regardless of the outcome of the raffle. What is the expected value of the game? What...
1) a) A lottery sells 20,000 tickets at $2 each. There are: -1 prize of $10,000...
1) a) A lottery sells 20,000 tickets at $2 each. There are: -1 prize of $10,000 -10 prizes of $50 -100 prizes of $2 What is the expected value of this lottery? Explain your answer b) A bingo ball contains 75 tokens numbered from 1 to 75. The game host draws a token randomly from the ball but simply says that the number has no repeating digits. What is the probability that the number drawn was even? Explain your answer.
Lottery: I buy one of 200 raffle tickets for $10. The sponsors then randomly select 1...
Lottery: I buy one of 200 raffle tickets for $10. The sponsors then randomly select 1 grand prize worth $300, 2 second prizes worth $80 each, and 3 third prizes worth $40 each. Below is the discrete probability distribution for this raffle. Prize      P(x)      Grand 1/200 Second 2/200 Third 3/200 None 194/200 (a) Recognizing that I spent $10 to buy a ticket, determine the expected value of this raffle to me as a player. Round your answer to the nearest...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT