Question: Discrete Probability Distribution.Please if you cannot complete the chart below, just move on to the next question. You can take as long as you want.

Discrete Probability Distribution.Please if you cannot complete the chart below, just move on to the next question. You can take as long as you want.

. A random draw lottery has sold $52 000 000 worth of tickets, with each ticket sold for $5.00. The prizes and their frequencies are shown in the following table. a) What is the random variable, X, for this distribution? b) How many tickets were sold? c) Copy the chart below and complete the column P(x). d) Is this a uniform probability distribution? Why or why not? e) What is the expected prize per ticket? f) What is the expected profit per ticket for the lottery corporation? PRIZE ($) NUMBER OF PRIZES P(X) 12 000 000.00 1 206 955.00 5 2 408.00 25 147.00 100 100.00 1 000 10.00 5 000

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