Stats help please? @hartnn I have no idea where to start. It'd be great and much appreciative if I did get some help.
you will win $35 when you guess the correct number, right?
so, say you selected one number out of those 38 numbers, what is the probability that the number you selected actually matches with the number in where the ball fell?
I don't know honestly... I'm kind of confused with everything. Like how would I find that probability?
it is like selecting 1 correct number from 38. same as choosing 1 option from 38 available options
when we choose 1 from 'n' available options, the probability is just 1/n
So, 1/38 right?
yesss
thats P(x) for c = 35
x=35**
So I'd just put it in decimal form then, right? Cuz it says to round to 3/4 decimals right?
1/38 = 0.0263
Yeap.
So then I'd kinda do the same for -1 then?
we lose when it is -1. total probability is 1 probability of winning + probability of loosing = 1 and we already know probability of winning
so P(x) for x = -1 is just (1- P(x) when x=35)
So, 1-.0263?
yes
.9737
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Yay thank you sooooo much!!! I really do appreciate your help! Lifesaver!! Thanksssssssss
welcomessss
Hahha, I have more though.
post them :)
This is kinda parts to this original question. The next question is asking for: B:)) "Determine the mean and standard deviation of the random variable X. Round your results to the nearest penny."
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