Probability of winning


Assignment:

Q1: The theoretical probability of undesirable side effects resulting from taking Grebex is 1 in 12. If 600 people take Grebex to lower their blood pressure, how many will encounter undesirable side effects?

Q2: If the odds of winning a raffle are 2:229, what is the probability of winning?

Q3: One thousand raffle tickets are sold for $1.00 each. One grand prize of $400 and two consolation prizes of $100 each will be awarded. Jeremy purchases one ticket. Find his expected value. Show all the work.

Q4: Each of the numbers 0 through 30 is written on a piece of paper and all of the pieces of paper are placed in a hat. One number is selected at random. Determine the probability that the number selected is even.

Q5: Which pair has equally likely outcomes? Select the two choices below which have equal probabilities of success. A standard deck of cards has 12 face cards and four Aces (Aces are not face cards). Show all the work.

a. Rolling a sum of 4 on two fair six sided dice.
b. Drawing a black seven out of a standard 52 card deck given it is not a face card or an Ace.
c. Rolling a sum of 11 on two fair six sided dice.
d. Rolling a sum of 7 on two fair six sided dice.
e. Drawing a three out of a standard 52 card deck given it is not a face card or an Ace.

Q6: A bag contains 7 lavender marbles, 11 turquoise marbles and 5 rainbow marbles. What is the chance of drawing a turquoise marble? If a turquoise marble is drawn then placed back into the bag, and a second marble is drawn, what is the probability of drawing a rainbow marble?

Provide complete and step by step solution for the question and show calculations and use formulas.

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Basic Statistics: Probability of winning
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