Question

Assume that you select two 4-digit numbers at random from the set of consecutive integers from...

Assume that you select two 4-digit numbers at random from the set of consecutive integers from 0000 through 9999. The selections are made with replacement and are independent of one another. If the two numbers are the same, you make $650. If they are different, you lose $4. A random variable XX is defined as your gain or loss.

0 0
Add a comment Improve this question Transcribed image text
Answer #1

The gain . 1oooo Same - 10000 prob. of getting both numbers same - 10000 1000 prob of getting both diff. number = 99989 10000

Add a comment
Know the answer?
Add Answer to:
Assume that you select two 4-digit numbers at random from the set of consecutive integers from...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT