A non-profit organization plans to hold a raffle to raise funds for its operations. A total of 1,000 raffle tickets will be sold for $1.00 each. After all the tickets are sold, one ticket will be selected at random and its owner will receive $50.00. The expected value for the net gain for each ticket is -$0.95. What is the meaning of the expected value in this context?
A. The ticket owners lose an average of $0.05 per raffle ticket.
B. The ticket owners lose an average of $0.95 per raffle ticket.
C. Each ticket owner will lose $0.95 per raffle ticket.
D. A ticket owner would have to purchase 19 more tickets for the expected value of his or her net gain to increase to $0.00.
E. A ticket owner has a 95 percent chance of having a ticket that is not selected.

Answers

Answer 1

Answer:

The answer is "Option b".

Step-by-step explanation:

In the given question, 1000 ticket were sold for [tex]\$1[/tex] and the owner who receives tickets which are  randomly chosen that wins [tex]\$50[/tex].

[tex]Net\ profit = 1000\times 1-1\timesv 50 = \$950\\\\Net \ profit \ for\ ticket = \frac{\$950}{1000} = \$0.95[/tex]

The probability in which each ticket owners win [tex]= 0.001[/tex]

therefore the ticket owner net profit = [tex]= -1+0.001\times 50 = -0.95\\\\[/tex]


Related Questions

The table represents a proportional relationship. Complete the table and write an equation that describes the relationship

Answers

Answer:

Which table?

There's non

Can you post the table.

Using the picture above Find the measure of arc EF

Answers

Given:

Measure of arc CG is 125 degrees.

The measure of angle CDG is 85 degrees.

To find:

The measure of arc EF.

Solution:

Intersecting chords theorem: If two chords intersect each other inside the circle, then the measure of angle on the intersection is half of the sum of intercepted arcs.

Using the intersecting chords theorem, we get

[tex]m\angle CDG=\dfrac{1}{2}(m(arcCG)+m(arcEF))[/tex]

Let x degrees be the measure of arc EF.

Substituting the given values, we get

[tex]85^\circ=\dfrac{1}{2}(125^\circ+x)[/tex]

[tex]2\times 85^\circ=125^\circ+x[/tex]

[tex]170^\circ -125^\circ=x[/tex]

[tex]45^\circ=x[/tex]

Therefore, the measure of arc EF is [tex]45^\circ[/tex].

Mr. Moore planted a tree in his backyard. His tree grew 3 1/3 feet over five years. if his tree grew at the same rate each year, how much did the tree grow per year.

A. 1/5 foot

B. 1/3 foot

C. 3/5 foot

D. 2/3 foot

Answers

Answer:

D. 2/3 per year.

Step-by-step explanation:

3 1

3

÷ 5

=  

10

3

÷ 5

=  

10

3

×  

1

5

=  

10 × 1

3 × 5

=  

10

15

=  

10 ÷ 5

15 ÷ 5

=  

2

3

What are fees paid to the lender before it releases a check for the home
purchase called?
A. Nonrecurring fees
B. Home fees
C. Recurring fees
D. Closing costs
SUBMIT

Answers

c. closing costs is the correct answer.
The answer is D. Closing costs

Plz help me thanks

Complete the square to make a perfect square trinomial. Then, write a result as a binomial squared. m^2-13m

m^2-13+ ? =( ? )^2

Answers

Answer:

Trinomial

[tex]m^2 - 13m + \frac{169}{4}[/tex]

Binomial squared

[tex](m - \frac{13}{2})^2[/tex]

Step-by-step explanation:

Given

[tex]m^2-13m[/tex]

Required

Make a perfect trinomial

We have:

[tex]m^2-13m =[/tex]

-----------------------------------------------

Take the coefficient of m i.e. -13

Divide by 2 i.e. -13/2

Square i.e. (-13/2)

Add to both sides of the equation

-----------------------------------------------

[tex]m^2-13m =[/tex] becomes

[tex]m^2 - 13m + (\frac{-13}{2})^2 = (\frac{-13}{2})^2[/tex]

[tex]m^2 - 13m + \frac{169}{4} = \frac{169}{4}[/tex]

Expand

[tex]m^2 - \frac{13}{2}m- \frac{13}{2}m + \frac{169}{4} = \frac{169}{4}[/tex]

Factorize:

[tex]m(m - \frac{13}{2})- \frac{13}{2}(m - \frac{13}{2}) = \frac{169}{4}[/tex]

Factor out m - 13/2

[tex](m - \frac{13}{2})(m - \frac{13}{2}) = \frac{169}{4}[/tex]

Write as square

[tex](m - \frac{13}{2})^2 = \frac{169}{4}[/tex]

Hence, the trinomial is:

[tex]m^2 - 13m + \frac{169}{4}[/tex]

And the binomial squared is:

[tex](m - \frac{13}{2})^2[/tex]

pick number 1-10 if you get it right ill pay 50 dollas

Answers

Answer: im going to guess 4 <3

6. Which of the following statements below is correct?
A. Circumference is the result of adding diameter by pi.
B. Circumference is the result of dividing diameter by pi.
C. Circumference is the result of subtracting diameter by pi.
D. Circumference is the result of multiplying the diameter by pi.​

Answers

d

.........................

Mario builds a triangular table- help!!

Answers

Answer:

Step-by-step explanation:

question 1a) hey, so it would look like this for example:

question 1b) no, because they don't follow the rules of a 30-60-90 triangle (like the one shown below)

tell me if u have any questions


Gabriela bought 48 tickets in order to win the $1000 grand prize for the raffle organized by the Student Council. If there are
432 tickets sold for the raffle, what is the probability that Gabriela will not win the grand prize?

Answers

Answer:

[tex]\frac{8}{9}[/tex]

Step-by-step explanation:

Since there are 432 tickets total and Gabriela bought 48, the chances of Gabriela not winning the grand prize is equal to the chance of any of the tickets she did not buy getting drawn. If she bought 48, then she did not buy 432-48=384 tickets. The chances of any of these being drawn is:

[tex]\frac{384}{432}=\boxed{\frac{8}{9}}[/tex]

The owner of a home cleaning company provides her customers with?
A) Promotion
B) Services
C) Brand Name
D) Places

Answers

Answer:

Step-by-step explanation:

services

Which describes the relationship between EG and DF 2 Select all that apply.
ty
F
E
21
ס
o
2
4
A
perpendicular
B bisect each other
C. parallel
D. congruent

Answers

Answer:

A  perpendicular

B bisect each other  

D. congruent

Step-by-step explanation:

Given

Attached quadrilateral

Required

Relationship between EG and DF

First, we have that: DEFG is a square

EG and DF are diagonals

Using the property of diagonals of a square, we have:

EG and DF to be perpendicular

EG and DF to be congruent

EG and DF to be bisect each other

10.
AABC is dilated by a scale factor of with the origin as the center
of dilation. Given A(-6, 4), B(0, -4), and C(2, -8), what would be
the x-coordinate of A'?
Record your answer and bubble the grid.
Plez help

Answers

I’m thinking d

Step by step
The answer should be D

Obwód narysowanego obok sześciokąta wynosi 72 cm. Oblicz długości wszystkich jego boków.

Answers

Answer:

72 cm ze wszystkich stron

Step-by-step explanation:

promień jest równy bokom kształtu.

I am a 3-digit number divisible by 7, but not 2. The sum of my digits is 4. Hint it is not 121

Answers

Answer:

301

Step-by-step explanation:

3 + 0 + 1 = 4

301 / 7 = 43

301 / 2 = 105.5

Answer:

301

Step-by-step explanation:

301 divided by 7 = 43

301 is not divisible by 2

3 + 1 + 0 = 4

Hope this helps :)

Part 1 l: Jose and Tamika are married with three children . If they decided to combine their income taxes and complete one tax form , what is their filing status ? . Part 2: Jose makes $54,923 and Tamika has an earned income of $49,500 for the year. Using your answer from part 1 how much will they owe in taxes?

Answers

Answer:

that is you ni report kits

Pleaseeee helpppp meee

Answers

Answer:

try searching it

Step-by-step explanation:

Answer: 14:16 describes Rita’s class in terms of number of girls to number of boys.

14:30 describes her class in terms of number of girls to total number of students

What is the measure of BPC?

Answers

Answer:

[tex]\angle BPC=100^{\circ}[/tex]

Step-by-step explanation:

Assuming P is the center of the circle:

The angle BPC encompasses arc BC. Notice angle CEB also encompasses this arc and the measure of angle CEB is given as [tex]50^{\circ}[/tex]. The measure of an angle with a point on the circle that encompasses an arc is equal to half of the measure of an angle with a point on the center of circle. Therefore, the measure of arc BPC is equal to [tex]2\cdot50^{\circ}=\boxed{100^{\circ}}[/tex]

A system of equations is shown on the graph below.

On a coordinate plane, 2 lines intersect at (negative 1, 2).

How many solutions does this system have?

no solutions
one unique solution
two solutions
an infinite number of solutions

Answers

Answer:

one unique solution

Step-by-step explanation:

one unique solution => (-1, 2)

Answer:

B

Step-by-step explanation:

In ΔOPQ, the measure of ∠Q=90°, the measure of ∠O=26°, and QO = 4.9 feet. Find the length of PQ to the nearest tenth of a foot.


The length of PQ is ____ ft.

Answers

Given:

In ΔOPQ, m∠Q=90°, m∠O=26°, and QO = 4.9 feet.

To find:

The measure of side PQ.

Solution:

In ΔOPQ,

[tex]m\angle O+m\angle P+m\angle Q=180^\circ[/tex]        [Angle sum property]

[tex]26^\circ+m\angle P+90^\circ=180^\circ[/tex]

[tex]m\angle P+116^\circ=180^\circ[/tex]

[tex]m\angle P=180^\circ -116^\circ[/tex]

[tex]m\angle P=64^\circ[/tex]

According to Law of Sines, we get

[tex]\dfrac{a}{\sin A}=\dfrac{b}{\sin B}=\dfrac{c}{\sin C}[/tex]

Using the Law of Sines, we get

[tex]\dfrac{p}{\sin P}=\dfrac{o}{\sin O}[/tex]

[tex]\dfrac{QO}{\sin P}=\dfrac{PQ}{\sin O}[/tex]

Substituting the given values, we get

[tex]\dfrac{4.9}{\sin (64^\circ)}=\dfrac{PQ}{\sin (26^\circ)}[/tex]

[tex]\dfrac{4.9}{0.89879}=\dfrac{PQ}{0.43837}[/tex]

[tex]\dfrac{4.9}{0.89879}\times 0.43837=PQ[/tex]

[tex]2.38989=PQ[/tex]

Approximate the value to the nearest tenth of a foot.

[tex]PQ\approx 2.4[/tex]

Therefore, the length of PQ is 2.4 ft.

Given the following formula, solve for l.

Answers

P=2(l + b)
P=2l + 2b
P-2b=2l
P-2b/2=l
C is your answer

Answer: Option C

l = (P - 2b)/2

Step-by-step explanation:

From P = 2(l + b)

Divide both sides by 2;

P/2 = 2(l + b)/2

P/2 = l + b

l + b = P/2

Make l the subject of formula;

l = (P/2) - b

l = (P - 2b)/2

7x+8y= 8

Slope

Y intercept

Answers

Answer:

Slope = -7/8

Y-intercept = (0, 1)

Step-by-step explanation:

Answer:

[tex]slope = - \frac{7}{8} [/tex]

y- intercept= 1

Step-by-step explanation:

Rearrange the equation such that it is in the form of y=mx+c. This form is known as the slope-intercept form, and m is the gradient while c is the y-intercept.

7x +8y= 8

8y= -7x +8

Divide by 8 on both sides:

[tex]y = - \frac{7}{8} x + 1[/tex]

Thus, the slope is [tex] - \frac{7}{8} [/tex] and the y-intercept is 1.

Another way to find the y-intercept is to substitute x= 0 into the equation since the y-intercept occurs at x= 0.

7x +8y= 8

When x= 0,

7(0) +8y= 8

8y= 8

y= 8 ÷8

y= 1

Thus, the y-intercept occurs at y= 1 or the coordinate (0, 1).

Note: slope and gradient have the same meaning and can be used interchangeably

A website offers a coupon such that each customer has a 15\%15%15, percent chance of getting the coupon each day they visit the site. Aya visits the website for 666 consecutive days.
What is the probability that Aya will be offered a coupon on at least one of the days she visits the website?
Round your answer to the nearest hundredth.

Answers

Answer:

0.62 im 99% sure

Step-by-step explanation:

Answer:

0.62

Step-by-step explanation:

Please help me with this question

Answers

Answer:

It is 65 cm

Step-by-step explanation:

Alright, within the image, the triangles ABC and TUV are congruent. With this, the following is true: AB ≅ TU, BC ≅ UV, and CA ≅ VT because the order and their sides between the two triangles is shared.

With this, BC is ≅ to UV. Now, just set the two equations equal to each other:

9x+2=8x+9

9x=8x+7

x=7

Now, we've got x, though it needs to be plugged back into side BC for the final answer

9(7)+2

63+2

65 cm

Convert the time. Enter your answer in the box.

4 minutes 53 seconds =
seconds

Answers

Answer:

293 seconds

Step-by-step explanation:

60*4=240

240+53=293

URGENt! PLS HELP. DONT USE LINKS OR JOKE. SEND REAL ANSWER. ITS VOLUME.

Answers

Answer:

334

Step-by-step explanation:

An orange juice manufacturer advertises a new orange juice product that contains 50% less sugar. This new product is expected to increase profits substantially because they create the 50% less sugar product by replacing 50% of the juice with water while selling it for the same price. An inspector wants to investigate whether the actual percentage of water in the product is within 5% of the intended 50%.
He selects a random sample of 500 containers of orange juice and determined the percentage of each that is water. He plans to conduct a significance test at the a = 0.01 level to see if there is convincing evidence that the proportion of water added is different from 0.50. What is the probability that the inspector makes a Type I error?
(A) 0.01
(B) 0.05
(C) 0.10
(D) 0.45
(E) 0.50

Answers

Answer: A. 0.01

Step-by-step explanation:

Type I error are refered to as false positives and it means that when a statistically significant difference is validated by the researcher even though the results aren't statistically significant.

Type I error is when one rejects the null hypothesis even though it's actually true. In this case, the inspector rejects the hypothesis which was that the proportion of water that is contained the product is 0.5.

The probability of type 1 error will then be equal to the hypothesis level of significance and this will be 0.01.

$74.00 sweatshirt; 5% tax
|

Answers

Answer:

the tax amount is $3.7

Step-by-step explanation:

Given that

The price of the sweatshirt is $74

And, there is a 5% tax

So we assume that We need to find out the tax amount

So here the following formula should be used

= Price of the sweatshirt × tax rate

= $74 × 0.05

= $3.7

Hence, the tax amount is $3.7

So the same would be considered and relevant

can you please explain how i can work through these problems?

Answers

Did you add a photo? I cant see one

Plz help me

Use the discriminant to determine The number of solutions to the quadratic equation -x^2+10x-2=0

Answers

Answer:

x=-5

Step-by-step explanation:

i just solved the problem

Answer:

=5±√23

Step-by-step explanation:

        -10+2√23

= -------------

               -2

         -10-2 √23

= -------------

                -2

What is the value of x in the circle to the right?

Answers

9514 1404 393

Answer:

  10 1/16 cm

Step-by-step explanation:

The Pythagorean theorem can be used.

  (8 +x)² = x² +15²

  64 +16x +x² = x² +225

  16x = 161

  x = 161/16 = 10 1/16 = 10.0625 . . . cm

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