In a certain instant lottery game, the chance of winning is stated as 18.5%. Express the indicated degree of likelihood as a probability result.
We can get the value of probability by dividing the percentage by 100

In a certain instant lottery game, the chance of winning is stated as 18.5%. Express the...
The chance of winning a lottery game is 1 in approximately 23 million. Suppose you buy a $1 lottery ticket in anticipation of winning the $6 million grand prize. Calculate your expected net winnings for this single ticket. Interpret the result. Find μ = E(x) μ=
An instant lottery game gives you probability 0.02 of winning on any one play. Plays are independent of each other. If you play 7 times What P(winning none of your plays)? What is the P(winning at least 2 or more plays)?
The chance of winning a lottery game is 1 in approximately 26 million. Suppose you buy a $1 lottery ticket in anticipation of winning the $4 million grand prize. Calculate your expected net winnings for this single ticket. Interpret the result. Find μ=E(x). μ=____________________(Round to the nearest hundredth as needed. Do not include the $ symbol in youranswer.)
Need second part!! thanks
4.3.54 Question Help The chance of winning a lottery game is 1 in approximately 21 million. Suppose you buy a $1 lottery ticket in anticipation of winning the $9 million grand prize. Calculate your expected net winnings for this single ticket. Interpret the result. Find u = E(x). u = -0.57 (Round to the nearest hundredth as needed. Do not include the $ symbol in your answer.) Interpret the result. Choose the correct answer below. per...
3. In a certain game of chance, you have a 3/4 chance of winning each time you play (with the outcomes each time you play independent of each other). Suppose you play the game until you win for the first time. What is the probability you will win the game on the first, second, or third time playing it?
An instant lottery game gives you probability 0.10 of winning on any one play. Plays are independent of each other. You play 4 times. a) If X is the number of times you win, contract the probability distribution of X. b) What is the probability that you don't win at all? c) What is the probability that you win at least once? d) What is the expected value of X? What is the standard deviation of X?
In a certain game of chance, your chances of winning are 0.2 on each play. If you play the game five times and outcomes of each play are independent, the probability that you win at least once is (A) 0.6723 (B) 0.1091 (C) 0.2000 (D) 0.3277 the answer is A but how is it A
In an instant lottery, your chances of winning are 0.2. If you play the lottery one time and outcomes are independent, the probability that you do NOT win is:
3. In a certain game of chance, you have a 3/4 chance of winning each time you play with the outcomes each time you play independent of each other). Suppose you play the game until you win for the first time. What is the probability you will win the game on the first second, or third time playing it? 4. A box of 40 fuses contains 10 fuses which are defective. If you randomly choose a collection of 5 fuses...
In an instant lottery, your chances of winning are 0.2. If you play the lottery eight times and outcomes are independent, find the probability that you win at most once. Show complete work