06 Feb Week 14 Homework Assignment
MBA 501 Math & Stats for Business
Week 14 Homework Assignment
Instructions
1. This assignment is to be done individually . This is not a group assignment.
1. The homework assignment is due in the beginning of the next class. Please bring a hard copy with you to the class.
1. If you have difficulty printing the assignment, please email the assignment to the instructor before the class.
1. Late or redone homework assignments will be accepted only at the final class (up to a total of two).
1. Only explained and detailed answers will be accepted.
1. During one holiday season, the Texas lottery played a game called the Stocking Stuffer. With this game, total instant winnings of $34.8 million were available in 70 million $1 tickets, with ticket pr4izes ranging from $1 to $1,000.
Shown here are the various prizes and the probability of winning each prize. Use these data to compute the expected value of the game, the variance of the game, and the standard deviation of the game. (8 points)
Prize (x)
Probability P(x)
$1,000
.00002
100
.00063
20
.00400
10
.00601
4
.02403
2
.08877
1
.10479
0
.77176
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteEdu. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
Do you need help with this question?
Get assignment help from WriteEdu.com Paper Writing Website and forget about your problems.
WriteEdu provides custom & cheap essay writing 100% original, plagiarism free essays, assignments & dissertations.
With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Chat with us today! We are always waiting to answer all your questions.