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A lottery with 600 tickets gives one prize of ₹ 200, four prizes of ₹ 100, and six prizes of ₹ 50. If the ticket costs is ₹ 2, find the expected winning amount of a ticket - Mathematics

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प्रश्न

A lottery with 600 tickets gives one prize of ₹ 200, four prizes of ₹ 100, and six prizes of ₹ 50. If the ticket costs is ₹ 2, find the expected winning amount of a ticket

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उत्तर

Given, total number of tickets = 600

Prizes to be given: One prize of Rs. 200

Four prizes of ₹ 100

Six prizes of ₹ 50

Let ‘X’ be the random variable denotes the winning amount and it can take the values 200, 100 and 50.

Probability of winning ₹ 200 = `1/600`

Probability of winning ₹ 100 = `4/600`

Probability of winning ₹ 50 = `6/600`

∴ Probability mass function is

x 200 100 50
F(x) `1/600` `4/600` `6/600`

∴ E(X) = 200 `sum x f(x)`

= `200/600 + 400/600 + 300/600`

= `900/600`

= 1.5

Expected winning amount = Amount won – Cost of lottery

= 1.50 – 2.00

= – 0.50

i.e., Loss of ₹ 0.50

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Mathematical Expectation
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पाठ 11: Probability Distributions - Exercise 11.4 [पृष्ठ २१०]

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सामाचीर कलवी Mathematics - Volume 1 and 2 [English] Class 12 TN Board
पाठ 11 Probability Distributions
Exercise 11.4 | Q 8 | पृष्ठ २१०

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