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9. A county fair is running a raffle. Tickets for the raffle cost $1. If the...

9. A county fair is running a raffle. Tickets for the raffle cost $1. If the raffle has a grand prize worth $50, five runner up prizes worth $30, and fifty consolation prizes worth $5. Suppose you purchase a ticket and the fair sells 600 tickets in total.

A.Create a probability distribution for the value of the ticket purchased.

B .Find and interpret the mean value of the ticket.

C. Find the standard deviation for the value of the ticket

Math   Statistics-And-Probability   
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