Answer to Question #297325 in Statistics and Probability for Kram

Question

Construct the probability distribution for each random variable X when The random variable X represents the amount gain by a person who buys s 20 peso ticket from a total of 1000 tickets for a raffle whose winner will obtain ₱5,000

Answer 1

Solution:

Total tickets =1000

A person buys =20-peso ticket

we find winning Probability distribution.

$\begin{aligned} P(x) &=20 / N=20 / 1000=0.02 \\ P(x) &=0.02 \\ \end{aligned}$

 So, the winner will obtain ₱5000 with probability 0.02.