The Lottery Commission Has Designed a New Instant Lottery Game $$\begin{array} { | c | c | } \hline X & P [ X ] \\\hline 0 & 0.95 \\\hline 10 & 0.049 \\\hline 100 & 0.001 \\\hline\end{array}$$

question 20

Multiple Choice

The lottery commission has designed a new instant lottery game. Players pay $1.00 to scratch a ticket, where the prize won, X, (measured in $) has the following discrete probability distribution : $$\begin{array} { | c | c | } \hline X & P [ X ] \\\hline 0 & 0.95 \\\hline 10 & 0.049 \\\hline 100 & 0.001 \\\hline\end{array}$$ Which of the following best describes the expected value of X ?

• A) In the long run, the average prize won per \(\$ 1\) played is \(\$ 0\).
• B) In the long run, the average prize won per \(\$ 1\) played is \(\$ 0.41\).
• C) In the long run, the average prize won per \(\$ 1\) played is \(\$ 0.59\).
• D) None of these choices are correct

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Definitions:

Parapraxis

An unintentional utterance or action caused by a leakage from the unconscious parts of the mind; also called Freudian slip.

Transference

In psychoanalysis, transference is the process by which patients transfer feelings and attitudes from a person or situation in the past onto a therapist or other individuals in the present.

Dream Dictionary

A reference book that lists common dreams and interprets their meanings.

Primary Process Thinking

In psychoanalytic theory, the term for the strange and primitive style of unconscious thinking manifested by the id.