Question

Identify the given random variable as being discrete or continuous. 16) The number of oil spills occurring off the Alaskan coast A) Discrete B) Continuous Provide an appropriate response. 17) The prizes that can be won in a sweepstakes are listed below together with t each one: $5300 (1 chance in 8600); $1200 (1 chance in 7000); $800 (1 chance $200 (1 chance in 2000). Find the expected value of the amount won for one entering is 57 cents. A) $0.35 B) $0.49 C) $200

Answer 1

16)discrete

17)here odds of winning against $800 is not in the picture; if it is in range of 5000

here expected value of amount won =(5300/8600)+(1200/7000)+(800/5000)+(200/2000)-0.57=~0.49

option B is correct

Answer 2

16)discrete

17)here odds of winning against $800 is not in the picture; if it is in range of 5000

here expected value of amount won =(5300/8600)+(1200/7000)+(800/5000)+(200/2000)-0.57=~0.49

option B is correct