Analyze the scenario and complete the following L. Complete the discrete probability distribution for the given variable

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Analyze The Scenario And Complete The Following L Complete The Discrete Probability Distribution For The Given Variable 1 (18.34 KiB) Viewed 6 times

Analyze the scenario and complete the following L. Complete the discrete probability distribution for the given variable. i. Calculate the expected value and variance of the discrete probability distribution, The value of a ticket in a lottery, in which 2,000 tickets are sold, with 1 grand prize of $4,000, 5 first prizes of $400, 40 second prizes of $125, and 70 third prizes of $50, 1. ii. E(X)- $0.00 Round to 2 decimal places Var (X)- . Round to 2 decimal placer 0.00 H P(z) 0 0.0000 Round probabinier n decimal placer 50 0.0000 125 0.0000 400 0.0000 4,000 0.0000