Find the odds in favor of a five being rolled on a single die. What is the probability of this event?
Question #1
Find the odds in favor of a five being rolled on a single die. What is the probability of this event?
Question #2
Four poker players are all holding five cards. Two of the players are each holding three diamonds. What is the probability that the next card dealt will be a diamond?
Question #3
You are trying to analyze how much a customer is expected to spend at a local grocery store. Based on historical data, there are 50%, 30%, and 20% chances customers will spend $15, $20, and $25 respectively. What is the expected amount a customer will spend?
Requirements:
- Show all your work so that the instructor clearly sees how you solved the problem.
- Make sure your final answer is clear and visible.
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