Determining the payoff


A) A packet of sour worms contains 4 strawberry, four lime, two black currant, two orange sour, and three green apples worms. Determine the probability which Dylan will NOT pick a green apple sour worm, P(not green apple)?

B) At the Stop'n Go tune-up as well as brake shop, the manager has found that SUV will need a tune-up with probabilty of 0.6, a brake job with a probability of 0.1 and both with probability of 0.02. Determine the probability than an SUV needs either a tune-up or a brake job?

C) Assume you're playing a game of chance. If you bet $9 on a certain event, you will gather $360 (including your $9 bet) if you win. Determine the odds employed for determining the payoff.

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Basic Statistics: Determining the payoff
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