A wallet containing four P100 bills, two P200 bills, three

Carolyn Moore

Carolyn Moore

Answered question

2021-11-28

A wallet containing four P100 bills, two P200 bills, three P500 bills, and one P1,000 bill. Construct a probability distribution table for the data.

Answer & Explanation

Knes1997

Knes1997

Beginner2021-11-29Added 11 answers

Step 1 
The sample space formed is, 
S:{100,100,100,100,200,200,500,500,500,1000} 
The likelihood in the chosen sample area.

For X=100
P(X=100)=410 
=0.4
For X=200
P(X=200)=210 
=0.2 
Step 2 
For X=500
P(X=500)=310 
=0.3
For X=1000
P(X=1000)=110 
=0.1
Therefore, the probability distribution table for the data obtained is, 
X1002005001000P(X)0.40.20.30.1

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