stat question about lottery
help please thanks
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stat question about lottery
help please thanks
Show transcribed image text
Expected value (mean): The average of the all the possible outcomes of the random variable is called as the expected value of the probability distribution. The outcomes for the random variable can be either the probability outcomes or the relative frequencies of the variable.
In Statistics, the long run average value obtained by repetitions for the given experiment is termed as expected value for the random variable X. Also, the random variable can be of discrete and continuous type. Moreover, as the number of repetitions is increased, the arithmetic mean of the values is approximately nearer to the expected value. The expected value of the random variable X is usually denoted by E(X).
The formula for the expected value of the discrete random variable is,
$E(X)=∑XP(X)$
Also, $E(X−a)=E(X)−a$
(a.1)
The expected cash prize is obtained as shown below:
It is mentioned that, grand price is $14,000,000. Also, let X is a random variable denoting cash prize
That is,
$E(X)=∑XP(X)= $
Explanation | Hint for next step
The expected cash prize is obtained by multiply each of the probabilities wi
1) Describe the challenges faced by US Customs and Border Protection agents attempting to secure the border. Be sure to include:
What is the functional equivalent of the border?
What is the Fourth amendment exception as it pertains to border searches?
How are seizure statistics used to justify the mission of border security?
There are many challenges that the US Customs and border protection agents face when it comes to securing the border. One main challenge that the Customs and border protection agents face is dealing with the fourth admendment right on search and seizures. When an agent stops someone at the border from crossing into the United States the Agent has to make sure they do everything by the book because they do not want t , , , ,
Can you please provide an example of a type of special program that a company would offer to help motivate it’s employees outside of bonus, earned paid time off or dress down day? The goal is to increase productivity and ultimately the profitability of the company.
The employee needs to be rewarded. This reward could be intrinsic or extrinsic.
Extrinsic rewards
Can you please provide an example of a type of special program that a company would offer to help motivate it’s employees outside of bonus, earned paid time off or dress down day? The goal is to increase productivity and ultimately the profitability of the company.
The employee needs to be rewarded. This reward could be intrinsic or extrinsic.
Extrinsic rewards
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