A publishing industry report predicts that magazine subscriptions will drop by 8% each year,
If this prediction is correct, then how many subscribers will a magazine with 85,630
subscribers have in 8 years?

Answers

Answer 1

Suppose the prediction of an annual drop in magazine subscriptions of 8% is correct. In that case, the number of subscribers that a magazine with 85,630 subscribers will have in 8 years, using an exponential function, is 43,947.

What is an exponential function?

The exponential function is an expression in the form of f(x) = bˣ, where the b constant is called the base and the x variable is called the exponent.

Exponential functions may describe exponential growth or exponential decay.

Exponential decay refers to a decrease or drop, where the decay rate is known.

The annual drop in magazine subscriptions = 8%

The number of current magazine subscribers = 85,630

The number of years for the prediction = 8 years

Decay factor = (1 - 8%) = 0.92

The number of magazine subscribers in 8 years = 85,630 x 0.92^8

= 85,630 x 0.5132189

= 43,947

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Related Questions

Students will present a play in an
auditorium that has 550 seats. Each
student performing in the play must
sell 12 tickets to the performance.
The remaining 370 tickets will be
sold by other students in the school.
Which equation could be used
to
find x, the number of students
performing in the play?

Answers

Answer:

550 - 12x = 370

A recipe for lemonade is shown. Select the two true statements about the ratios in this recipe.


Lemonade recipe
2 cups sugar
3 cups lemon juice
8 cups water

Answers

Answer:

The ratio of sugar to lemon juice is 2 cups sugar : 3 cups lemon juice.

The ratio of lemon juice to water is 3 cups lemon juice : 8 cups water.

The first statement is true because the recipe calls for 2 cups of sugar and 3 cups of lemon juice. The ratio of sugar to lemon juice is therefore 2:3, or 2 cups sugar : 3 cups lemon juice.

The second statement is true because the recipe calls for 3 cups of lemon juice and 8 cups of water. The ratio of lemon juice to water is therefore 3:8, or 3 cups lemon juice : 8 cups water.

It's important to note that these ratios are in the context of this specific recipe, and may differ from other lemonade recipes.

Step-by-step explanation:

complete the description of the piecewise function graphed below

Answers

The supplied input should simply be replaced in the function definition for that precise interval.

What best describes a piecewise function?

An equation or set of equations, rather than a single equation, defines a piecewise-defined function. For a specific interval, each equation is valid.

Find out to which of the above intervals (or inequalities) the supplied input belongs before evaluating a piecewise function at any given input. The function definition for that specific interval should therefore just have the specified input replaced.

When a rule or relationship changes as an input value passes specific "boundaries," we refer to these instances as piecewise functions. For instance, scenarios where the price per piece of a specific item is decreased once the quantity requested exceeds a given amount are frequent in business.

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A form of nickel has a half life of 91 years. How much of a 90 gram sample is left after 290 years? 

Answers

The amount of the 90gram-sample that will remain after 290 years is 9.88 grams

How to determine the number of half-lives?

We'll begin by obtaining the number of half lives that has elapsed. This can be obtained as follow:

Step1

Half-life (t½) = 91yearsTime (t) = 290 yearsNumber of half-lives (n) =?

n = t / t½

n = 290 / 91

n = 3.1868

Step 2

determine the amount remaining:

Original amount (N₀) = 90 gramsNumber of half-lives (n) = 3.1868Amount remaining (N) =?

The amount remain can be obtained as follow:

N = N₀ / 2^n

N = 90 / 2^3.1868

=9.88

N=9.88 grams

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Solve for x to the nearest tenth.

Answers

By calculating , The value of x is 5√5.

What is triangle?

Triangle can be defined in which it consists of three sides , three angles and the sum of three angles is always 180 degrees.

From the given figure,

When we draw a line inside the figure than it becomes into rectangle and one another triangle.

so,

In the right angled triangle,

with base 10 and opposite side 5

We have to find the hypothenuse that is x .

so,

from pythagorean theorem

we can say that

Sum of squares of two sides is equal to square of hypothenuse

so,

10*10 + 5*5 = x*x

100+25 = x*x

x*x = 125

x = 5√5 .

Hence, The value of x is 5√5

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A boss wants to estimate the proportion of her employees who are satisfied with the company's

parking policy. She puts all 600 employees' names into a hat and picks 50 different names out of

the hat. Of the 50, 47 are satisfied with parking policy and 3 are not satisfied with it.

Which condition for constructing a l-sample z-interval for proportions has the boss failed to

satisfy?

Answers

For the given case The boss has failed to satisfy the condition of random sampling without replacement. This condition states that the samples must be taken randomly and with replacement, meaning that each sample is replaced after it has been selected.

In this case, the boss picked the 50 names out of the hat without replacing them, which means that the same names could have been picked more than once. This can lead to a sample bias, as the same names may be overrepresented in the sample. This lack of randomness can lead to an inaccurate estimate of the proportion of employees who are satisfied with the company's parking policy.

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A local news story claims that 53% of high school

males agree with the statement "I am ok with a girl

playing on the football team because there is not a

football team for girls. " To investigate this claim, an SRS

of 100 males from a large local high school is selected.

In the sample, 38 males agreed with the statement. We

used technology to simulate choosing 240 SRSs of size

n = 100 from a population of males where 53% agreed

with the statement. The dotplot shows p = the sample

proportion of males who agree with the statement for

each of the 240 samples.

Find the mean and standard deivation of the sampling

distribution.

Answers

The mean  is 24 and standard deviation is 10 of the sampling distribution.

The term in math called standard deviation is defined as the standard deviation of the sampling distribution is also known as the standard error and it is inversely proportional to the sample size in which is as the sample size increases the standard deviation of the sample means decreases.

Here we know that the value of n is 100 and the number of samples 240.

Agreed count = 38.

Here we have to assuming the expected population standard deviation to be 10, and a population size of 100, the study would require a sample size of 24 to estimate a mean with 53% confidence and a precision of 1.5.

Then the standard deviation is 10.

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A movie club surveyed 200 high school students. The students were asked how often they go to the movies and whether they prefer action movies or dramas. Their responses are summarized in the following table

Answers

The percentage of students that prefer drama is 52%.

The percentage of students that go to the movies three times or more is 34%.

What are the percentages?

Percentage is the fraction of an amount that is expressed as a number out of hundred. The sign that is used to represent percentage is %. In order to change a number to percentage, multiply the number by 100.

The percentage of students that prefer drama = (total number of students that prefer drama / total number of students surveyed) x 100

= [(70 + 34) / 200] x 100

= (104 / 200) x 100 = 52%

The percentage of students that go to the movies three times or more = (total number of students that go to the movies three times or more / total number of students surveyed) x 100

[(34 + 34) / 200] x 100

(68 / 200) x 100 = 34%

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What is the solution to 9|x + 8| > 45?

x < –3 or x > 13
–3 < x < 13
x < –13 or x > –3
–13 < x < –3

Answers

The inequality model of the question will be -13 > x > -3

What is inequality?

Inequalities are mathematical expressions where neither side is equal. In inequality, as opposed to equations, we compare two values. Less than (or less than or equal to), greater than (or greater than or equal to), or not equal to signs are used in place of the equal sign in between. Sometimes it can be about a "not equal to" relationship, where one thing is more than the other or less than. In mathematics, an inequality is a relationship that results in a non-equal comparison between two numbers or other mathematical expressions.

9|x + 8| > 45

now when we remove the modulus there will be two terms.

|x + 8| > 45/9

|x + 8| > 5

-5>x + 8>5

-5-8>x >5-8

-13 > x > -3

Hence, the inequality model will be -13 > x > -3

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a bag contains 8 red marbles, 8 white marbles, and 10 blue marbles. you draw 5 marbles out at random, without replacement. what is the probability that all the marbles are red?

Answers

The probability of all 5 marbles being red is (8/26) x (7/25) x (6/24) x (5/23) x (4/22) = 0.000766.

This can also be written as P(RRRRR) = 8/26 x 7/25 x 6/24 x 5/23 x 4/22. This probability is very small, as the chances of randomly selecting only red marbles from the bag is low.

This calculation is based on the formula for combinations, which states that the probability of selecting r items from a group of n items is nCr x Pr, where nCr is the number of combinations of selecting r items from n items and Pr is the probability of selecting a specific item. In this case, n = 26 and r = 5, so the number of combinations of selecting 5 items from 26 items is 26C5. This is equal to 8x7x6x5x4/5x4x3x2x1, or 8x7x6x5x4/120. The probability of selecting a specific item is 1/26, as there are 26 items in the bag. Therefore, P(RRRRR) = 8/26 x 7/25 x 6/24 x 5/23 x 4/22.

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May I have help on this one please? thank you if you do!

Answers

Answer:

I believe you answer would b B!

The number of gallons of gas used every 1 mile traveled.

Step-by-step explanation:

Hope it helps! =D

PLEASE ANSWER DUE TOMORROW

Answers

The measurement of angles formed by intersecting line segments UT and WV are -

∠TXV = 25°

∠UXW = 25°

∠TXW = 155°

∠UXV = 155°

What is a line segment?

A line segment in geometry has two different points on it that define its boundaries. A line segment is sometimes referred to as a section of a line that links two places. The difference between a line and a line segment is that a line has no endpoints and can go on forever in either direction.

Two line segments UT and WV are given.

The line segment UT and WV are intersecting each other at a point X.

Due to the intersection many angles are formed.

To find the measure of the angles, use the protractor.

The first angle is ∠TXV.

Keep the protractor's midpoint at point X.

Then turn the protractor so that it aligns with line UT.

The measure of ∠TXV is approximately 25°.

The second angle is ∠UXW.

Keep the protractor's midpoint at point X.

Then turn the protractor so that it aligns with line WV.

The measure of ∠UXW is approximately 25°.

The third angle is ∠TXW.

Keep the protractor's midpoint at point X.

Then turn the protractor so that it aligns with line WV.

The measure of ∠TXW is approximately 155°.

The fourth angle is ∠UXV.

Keep the protractor's midpoint at point X.

Then turn the protractor so that it aligns with line UV.

The measure of ∠UXV is approximately 155°.

Therefore, all the four angles are obtained.

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A bakery sells different packages of muffins. The number of muffins, , and the price in dollars, , of their packages of muffins are given in the ordered pairs below. The set of ordered pairs is a relation that is also a function.


The bakery is considering adding a new package of muffins. Which of these combinations would make the relation NOT a function? Select TWO that apply.

Answers

A relation might or might not be a function. The connection would cease to be a function because of b. (6, 8) and d. (4, 3).

What are combinations?

Combinations are mathematical procedures that count how many different ways a collection of items could be arranged when the order in which they are chosen is immaterial.

Combos' components can be chosen in any hierarchy.

Combinations and permutations can coexist.

Hence, the ordered pair is given:

(x, y) = (1, 2); (2, 3); (4, 5); (6, 7); (12, 13)

For a relation to be a function, all of the x-values must be unique (i.e. no repetition)

From the list of alternatives, options (b) and (d), with x values (6, 7) and (d), already exist in the ordered pair (4,5)

In light of this, (b) and (d) would stop the connection from being a function.

Therefore, a relation might or might not be a function. The connection would cease to be a function because of b. (6, 8) and d. (4, 3).

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Correct question:

A bakery sells different packages of muffins. The number of muffins, x, and the price in dollars, y, of their packages of muffins are given in the ordered pairs below. The set of ordered pairs is a relation that is also a function.

{(1,2),(2,3),(4,5),(6,7),(12,13)}

The bakery is considering adding a new package of muffins. which ordered pairs would make the relation NOT a function? Choose all that are correct.

a. (10,13)

b. (6,8)

c. (8,12)

d. (4,3)

e. (24,18)

2. How many points
of intersection are there
on the graph
of
y=x² + 3x-2
y -x=4

Answers

There is one point of intersection on the graph of y = x² + 3x - 2 and y - x = 4

To find the point of intersection, we need to set the two equations equal to each other and solve for x and y.

y = x² + 3x - 2

y - x = 4

x² + 3x - 2 - x = 4

x² + 2x - 6 = 0

(x-3)(x+2)=0

x =3 or x=-2

When x = 3, we substitute it into the first equation y = x² + 3x - 2

y = 3² + 3(3) - 2

y = 9 + 9 - 2

y = 16

When x = -2, we substitute it into the first equation y = x² + 3x - 2

y = -2² + 3(-2) - 2

y = 4 -6 -2

y = -4

So the point of intersection is (3,16) or (-2,-4)

Hence there is only one point of intersection on the graph of y = x² + 3x - 2 and y - x = 4

what is the measure of arc BC?
130 degrees
180 degrees
65 degrees
32.5 degrees

Answers

The angle subtended by arc BC on center of circle is of 2 times 65 = 130

What is Area of circle ?

Area of circle can be defined as the product of pi and the square of radius of a circle.

Using the property that angle subtended by an arc on center is double than on circumference, you can find measure of arc BC.

The angle subtended by arc BC on center of circle is of 2 times 65 = 130

Given,

The angle subtended by arc BC on circumference is 65 degrees.

We have to find  Length of arc BC

Relation between angle at center and angle at circumference by an arc:

"Angle subtended by an arc of a circle on its center is double than angle subtended by it on circumference"

Therefore , angle subtended by arc BC on center of circle is of 2 times 65 = 130 .

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Use your formula 1/2(a+b)h, to determine the height of a trapezoid with an area of
24 cubic centimeters and base lengths of 9 cm and 7 cm

Answers

The height of the trapezoid that has an area of 24 cubic cm is: 3 cm.

How to Calculate the Height of a Trapezoid?

The formula for the area of a trapezoid is 1/2(a+b)h, where a and b are the lengths of the bases and h is the height.

Given that the area of the trapezoid is 24 cubic centimeters and the base lengths are 9 cm and 7 cm, we can plug in those values to the formula and solve for h:

24 = 1/2(9+7)h

24 = 1/2(16)h

24 = 8h

To find h, we divide both sides of the equation by 8:

h = 24/8

h = 3

So the height of the trapezoid is 3 cm.

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The explicit rule for an arithmetic sequence is an = 8. 7 + (-1. 4)(n-1). What is the value of the 47th term? round to the nearest tenth, if necessary.


answer: A) -55. 7

Answers

The value of the 47th term of the given arithmetic sequence is -55.7

An arithmetic sequence is a sequence of numbers in which the difference between consecutive terms is always the same.

We are given the explicit rule for an arithmetic sequence as follows -

[tex]a_n[/tex] = 8.7 - 1.4(n-1)

We have to find the value of the 47th term in the series.

So, we have the value of n = 47

The equation will become -

[tex]a_{47}[/tex] = 8.7 - 1.4(47-1)

[tex]a_{47}[/tex] = 8.7 - 1.4(46)

[tex]a_{47}[/tex] = 8.7 - 64.4

[tex]a_{47}[/tex] = -55.7

Thus, the value of the 47th term of the given arithmetic sequence is -55.7

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Eagle Airlines flies charter planes all over the world. Susan, one of the airlines' top pilo
routes in Europe and North Africa. Susan's plane uses 2 kilograms of fuel for every kil
she flies.
There is a proportional relationship between the distance Susan flies (in kilometers), x
the amount of fuel her plane uses (in kilograms), y.
Graph this relationship. Select two points to draw a line.


What is the slope of the line?

Answers

The proportional relationship that models this situation is given as follows:

y = 2x.

The graph is given by the image presented at the end of the answer.

How to model the proportional relationship?

A proportional relationship is modeled as follows:

y = kx.

In which k is the constant of proportionality.

Susan's plane uses 2 kilograms of fuel for every unit she flies, hence the constant is given as follows:

k = 2.

The relationship is:

y = 2x.

The domain is:

x >= 0, as the number of units flied cannot be negative.

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Here is some information about the goals scored in some hockey games.

Each game has four quarters.

Goals in hockey games

9

8

7

Number

6

of goals 5

4

3

2

1

The mean number of home

goals scored is 2. 5

The mean number of away

goals scored is 1. 8

How many home and away

games have been played

in total?

0

1st

3rd

4th

+

2nd

Quarter

Away goals

Key:

Home goals

Answers

If the mean number of home goals is 2.5 and away goals is 1.88 , then the number of home and away games have been played in total is 32 games .

From the histogram , we get that ,

the total number of home goals is = 9 + 6 + 8 + 7 = 30 goals ;

the total number of away goals is = 2 + 7 + 4 + 5 = 18 goals ;

the mean number of home goals is = 2.5 ;

the mean number of away goals is = 1.8  ;

we know formula that⇒ Mean Goal = (total goals)/(number of games) ;

For Home goals :

⇒ 2.5 = 30/n ⇒ n = 30/2.5 = 22 games .

For Away goals :

⇒ 1.8 = 18/n ⇒ n = 18/1.8 = 10 games .

So , total number of games is = 10 + 22 = 32 games ,

Therefore , In total the total number of home and away games played is 32 games .

The given question is incomplete , the complete question is

Here is some information about the goals scored in some hockey games. Each game has four quarters. the histogram is given below :

The mean number of home goals scored is 2.5  ;

The mean number of away goals scored is 1.8  ;

How many home and away games have been played in total ?

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Lysosomes break open during the process of digestion, releasing enzymes into the cytoplasm. Which statement may explain why the entire cell may not be digested?

1: the acidic environment of the cytoplasm destroys the enzymes

2: antibodies in the cytoplasm break down foreign enzymes.

3: The pH of the cytoplasm causes the enzymes to function less effectively

4: Enzymes can function only ind the location where they are synthesized

Answers

If Lysosomes break open during the process of digestion, releasing enzymes into the cytoplasm. The statement that may explain why the entire cell may not be digested is: 3. The pH of the cytoplasm causes the enzymes to function less effectively.

What is Lysosomes?

Lysosomes can be defined as vesicles that is made up of enzyme. This Lysosomes  enables the process of digestion to take place and the enzyme found in lysosomes also  help to break down biological molecule.

The reason why the whole cell may not be digested  in an situation where enzymes  are released into the cytoplasm  is that the pH of the cytoplasm  led to the enzymes  not to function effectively.   Optimum PH is required for cytoplasm  to function more effectively.

Therefore the correct option is B.

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The same type of dinner plate is sold in two different packs. Small pack contents 3 plates £5. 25. Large pack contents 12 plates £21. 24 which size packet is the better value for money?​

Answers

Large pack with 12 plates has better value of money with $1.77 for each plate comparison to smaller pack with $1.75 for each plate.

Number of plates in smaller pack is equal to 3 .

Cost of smaller pack with three plates = $5.25

Cost of each plate in smaller pack = $5.25 / 3

                                                         = $1.75

Number of plates in larger pack is equal to 12 .

Cost of larger pack with twelve plates = $21.24

Cost of each plate in larger pack = $21.24 / 12

                                                         = $1.77

$1.77 is greater than $1.75.

Larger pack of plates have better value of money for each plate comparing the smaller pack.

Therefore, the larger pack has better value of money than the smaller pack .

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Josh drank 70 ounces of water yesterday.how many cups of water did he drink

Answers

Answer:

8.75

Step-by-step explanation:

16 x 6 equals 92 How do I find 6?!?

Answers

The area of the rectangle would be 96 square inches.

Option (D) is correct.

What is the area of the rectangle?

The formula for the area of a rectangle is:

Area = length x width

where length is the distance along the longer side of the rectangle and width is the distance along the shorter side of the rectangle.

In the given figure,

The length of the rectangle = 8 + 8 = 16 inches.

Now by using the Pythagoras theorem, we can find the height

  [tex]Height= \sqrt{(10)^2-(8)^2} \\\\=\sqrt{100-64}\\\\=\sqrt{36}\\\\=6[/tex]

So the base would be 6 inches.

Now we can find the area of the rectangle

Area = 16 * 6

Area = 96 square inches.

Hence, the area of the rectangle would be 96 square inches.

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a radio tower is located 275 feet from a building. from a window in the building, a person determines that the angle of elevation to the top of the tower is and that the angle of depression to the bottom of the tower is . how tall is the tower?

Answers

The height of the tower is equal to the length of the side opposite the angle of elevation plus the length of the side opposite the angle of depression.

The angle of elevation and angle of depression in this problem can be used to solve for the height of the tower.

Since the angle of elevation is the angle from the window to the top of the tower and the angle of depression is the angle from the window to the bottom of the tower, the height of the tower can be determined by finding the length of the side opposite the angle of elevation and adding it to the length of the side opposite the angle of depression.

Using trigonometry, we can solve for the two lengths using the sine and cosine functions. The sine of the angle of elevation is equal to the length of the side opposite the angle divided by the hypotenuse. The hypotenuse is the distance from the window to the tower, which is known to be 275 feet. Therefore, we can solve for the side opposite the angle of elevation by multiplying the sine of the angle of elevation by 275. The cosine of the angle of depression is equal to the length of the side opposite the angle divided by the hypotenuse. We can solve for the side opposite the angle of depression in the same way.

Once the two lengths are calculated, we can add them together to find the height of the tower.The height of the tower is equal to the length of the side opposite the angle of elevation plus the length of the side opposite the angle of depression.

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When we are concerned with whether we are correct in inferring that a cause produced an effect, we are concerned with the:

Answers

The concept here is the Research method, it is the main extent to which a concept, conclusion, or measurement is well-founded  The answer is validity.

Research methods are strategies, processes, or ways used to collect data or substantiation for analysis to uncover new information or better understand the content.

Validity is the lesser degree to which an idea, conclusion, or action is reasonable and likely to directly reflect reality. The word" valid" comes from the Latin Validus, which means strong.

The validity of a dimension instrument is the extent to which the instrument measures what it's intended to measure. Validity refers to the relationship between the study thing and the data the experimenter chooses to use to quantify that thing. Some confines similar to physical strength, aren't naturally related to intelligence.

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Jude types 1,281 characters in 7 minutes. What is her typing rate in characters per minute?

Answers

Answer:

183 charters

7 goes into 12 1 time so 12-7=5

bring down the 8 so 7x8=56 so 58-56=2

being down the 1 and you have 21. 7 goes into 21 three times.

Answer:

183 characters per minute

Step-by-step explanation:

1281 divided by 7

At the nearest wholesale store, 3 bags of cereal cost $21.75. Which equation represents the proportional relationship?
please help

Answers

The equation that represents the proportional relationship is: k = 7.25.

What is a Proportional Relationship Equation?

A proportional relationship is a relationship between two variables such that one variable is a constant multiple of the other. A proportional relationship can be represented by an equation of the form y = kx where y and x are the variables, and k is the constant of proportionality. This equation can also be written as y/x = k.

From the given information, we have:

Constant of proportionality (k) = 21.75 / 3

k = 7.25

To write the equation, substitute k = 7.25 into y = kx:

y = 7.25x

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Please help me. Answer ASAP!! all info you need to solve the problem is in the photo

Answers

If f(0) = 18 and f(1) = 13 then f(0) be the largest value.

What is meant by function?

A function is a relationship between a number of inputs where each input has exactly one output, according to one definition.

A function in mathematics from a set X to a set Y allocates exactly one element of Y to each element of X. The sets X and Y are collectively referred to as the function's domain and codomain, respectively. Initially, functions denoted the idealized relationship between two changing quantities.

A mathematical phrase, rule, or law that establishes the link between an independent variable and a dependent variable (the dependent variable). If f exists typically utilized to denote a function (x).

Let the function f(x) = 18 - 5x

a) f(-4) = 18 - 5(-4) = 38

b) f(0) = 18 - 5(0) = 18

f(1) = 18 - 5(1) = 13

Therefore, f(0) be the largest value.

The complete question is:

Given the function f(x) = 18 - 5x

a. What is the value of function f given an input of -4 ?

b. Which is larger, f(0) or f(1)? Show your work to justify your answer.

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How do the values compare? Order the values from least to greatest.
30
314
4
-1
14
4
314
14
14
-2.
14
1-2-11

Answers

Answer: -2, -1, 4, 4, 14, 14, 14, 30, 314, 314

The values are arranged in increasing order from least to greatest.

Check the picture below.

3. In the MN Daily 3 lottery, players are given a ticket based upon 3 digits that they pick. If their
3 digits match the winning digits in the correct order, then the player wins $500. If the digits
don't match, then the player loses. The game costs $1 to play. What is the expected value for
a player of this lottery game. (Hint find the probability of winning the Daily 3)

Answers

On average, a player can expect to lose $0.50 for every ticket they play in the Daily 3 lottery. Therefore, the Daily 3 lottery game is not a good investment, as the expected value is negative, and players are likely to lose money in the long run.

How to find the expected value?

To find the expected value of the Daily 3 lottery game, we need to calculate the probability of winning and the expected payout for winning.

The probability of winning the Daily 3 game with a single ticket is 1/1000, since there are 1000 possible 3-digit number combinations and only one of them is the winning combination.

The expected payout for winning is $500, since this is the prize for matching the winning digits in the correct order.

To calculate the expected value, we can use the formula:

Expected Value = (Probability of Winning) x (Payout for Winning) - (Cost of Playing)

Plugging in the values we found, we get:

Expected Value = (1/1000) x ($500) - ($1)

= $0.50 - $1

= -$0.50

This means that, on average, a player can expect to lose $0.50 for every ticket they play in the Daily 3 lottery. Therefore, the Daily 3 lottery game is not a good investment, as the expected value is negative, and players are likely to lose money in the long run.

To know more about probability visit:

brainly.com/question/25870256

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