Chrome File Edit View History Bookmarks Profiles Tab Window Help $ 7 94% Thu 12:33 AM Q E Tax documents Tax docs 2020 5. Mcdonald's is having a promotional lottery. They print many prize tickets to be peeled off cups and fries. The prizes and corresponding number of tickets are listed in the table; i.e., 1 in 5000 tickets is a $5,000 prize, OCHEM 343 5 in 5,000 tickets are $1,000 prizes, etc. Suppose you have bought one of the tickets and are now interested in knowing more about the set up of the lottery. Use the information in the table to answer the questions. Assume there are so many prize tickets, we can treat this as sampling with replacement. Prize Amount $5000 $1000 $50 $5 $0 Physic lectures Probability 0.0002 0.001 0.02 0.1 .8788 and homeworks (a) Is the population of prize money normally distributed? (b) What is the expected value of prize money for 1 ticket? Assigment 2 c) What is the standard error of prize money for 1 ticket? (d) Suppose one Mcdonald's ends up giving out 800 of these tickets in a day. What is the probability they will pay out $2500 or more? (e) If the meal to get a ticket costs $6, what is the probability the Mcdonald's in part (d) will lose money Physics books off of the deal? untitled folder PDF Maimouna meins...rd/ 0319 JUL