Question Description

Option #1: Probability #1

  1. The odds of winning a game of HORSE in basketball is 3 to 5 against your opponent. What is the probability that you win the game?
  2. You have purchased a used car. Historically, the chance of spending $2000 in repairs for the car is 72% and the chance of spending $3000 is 28%. What is the expected value of the amount you will spend in repairs for the car?
  3. Three cards are drawn from a 52-card deck of cards. What is the probability that all three cards are hearts?

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.

Option #1: Probability #1The odds of winning a game of HORSE in basketball is 3 to 5 against your opponent. What is the probability that you win the game?You have purchased a used car. Historically, the chance of spending $2000 in repairs for the car is 72% and the chance of spending $3000 is 28%. What is the expected value of the amount you will spend in repairs for the car?Three cards are drawn from a 52-card deck of cards. What is the probability that all three cards are hearts?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.