2.99 See Answer

Question: Refer to Exercise 4.28. (a) Assign

Refer to Exercise 4.28.
(a) Assign probabilities to the elementary outcomes.
(b) Find P (A) and P (B) .

Data from Exercise 4.28:
A local bookstore intended to award three gift certificates in the amounts $100, $50, and $25 to the first, second, and third customer to identify a mystery author. Unfortunately, a careless clerk in charge of mailing forgot the order and just randomly placed the gift certificates in the already addressed envelopes.


See Answer