Let's compare two different raffles to see which ticket you should buy? A. Raffle 1: 800 raffle tickets are sold $2.00 each. There is one gran prize for $450 and two consolation prizes of $100 each that will be awarded. What is the expected value of one ticket? B. Raffle 2: 350 raffle tickets are sold for $2.00 each. There is one grand prize of $150 and three consolation prizes of $50 each. What is the expected value of one ticket?

Answers

Answer 1

Answer:

(a) The expected value is: $0.40625

(b) The expected value is: $0.4286

Step-by-step explanation:

Solving (a): Raffle 1

Given

[tex]Tickets=800[/tex]

[tex]Value = \$2[/tex] per ticket

[tex]Grand\ Prize = \$450[/tex] ---- for 1

[tex]Consolation = \$100[/tex] --- for 2

Required

The expected value of each ticket

First, calculate the total amount of the 800 tickets

[tex]Amount = Tickets * Value[/tex]

[tex]A_1 = 800 * \$2[/tex]

[tex]A_1 = \$1600[/tex]

Next, calculate the total amount of the prizes

[tex]Amount = Tickets * Value[/tex]

[tex]A_2 = \$450 * 1 +\$100 * 2[/tex]

[tex]A_2 = \$450 +\$200[/tex]

[tex]A_2 = \$650[/tex]

The expected value E(x) of 1 ticket is calculated as:

[tex]E(x) = \frac{A_2}{A_1}[/tex]

[tex]E(x) = \frac{\$650}{\$1600}[/tex]

[tex]E(x) = \$0.40625[/tex]

Solving (b): Raffle 2

Given

[tex]Tickets=350[/tex]

[tex]Value = \$2[/tex] per ticket

[tex]Grand\ Prize = \$150[/tex] ---- for 1

[tex]Consolation = \$50[/tex] --- for 3

Required

The expected value of each ticket

First, calculate the total amount of the 800 tickets

[tex]Amount = Tickets * Value[/tex]

[tex]A_1 = 350 * \$2[/tex]

[tex]A_1 = \$700[/tex]

Next, calculate the total amount of the prizes

[tex]Amount = Tickets * Value[/tex]

[tex]A_2 = \$150 * 1 +\$50 * 3[/tex]

[tex]A_2 = \$150 +\$150[/tex]

[tex]A_2 = \$300[/tex]

The expected value E(x) of 1 ticket is calculated as:

[tex]E(x) = \frac{A_2}{A_1}[/tex]

[tex]E(x) = \frac{\$300}{\$700}[/tex]

[tex]E(x) = \$0.4286[/tex]


Related Questions

please help i’ll give brainliest

Answers

Answer:

Step-by-step explanation:

The answers are 1, 3, and 4 hundred percent sure it is correct

30 pts pls awnser all questions i give BRAINLIEST help meee

Answers

10; decreases

8: decreases, increases

7: increases, stays the same, increases, stays the same, increases.

9: increases, increases

I hope that this is correct and was able to help

Janet walks 950 metres every day. Determine what distance would Janet walk in an entire week. Express your answer in kilometres. (Remember to show your work

Answers

Answer:

6.65 kilometers

Step-by-step explanation:

950 * 7 days a week = 6650 meters

6650 meters / 1000 (conversion to kilometers) = 6.65 kilometers

Answer:

6.65  km

Step-by-step explanation:

Let's solve this in a set of fraction forms. Since 1 day is 950 meters, 1 week will be converted to days to be on equal grounds. 1 week = 7 days. Therefore, let us set up a fraction; Let "x" be the variable

[tex]\frac{950}{1}=\frac{x}{7}[/tex]

Step 1: Switch sides

[tex]\frac{x}{7}=\frac{950}{1}[/tex]

Step 2: Apply rule [tex]\frac{a}{1}=a[/tex]

[tex]\frac{x}{7}=950[/tex]

Step 3: Multiply both sides by 7

[tex]\frac{7x}{7}=950\cdot \:7[/tex]

Step 4: Simplify

[tex]x=6650[/tex]

Expressed: [tex]\frac{6650 meters}{1000}[/tex] (convertion to kilometers) = 6.65 kilometers

Therefore, Janet would walk 6.65 km in an entire week

Use synthetic division to find the result when 3x^3-19x^2-12x-14 is divided by x−7.

Answers

Answer:

your look hard what grade you in

Step-by-step explanation:

Write 5.11x10^3 in standard form

Answers

Answer:

[tex]5.11 \times {10}^{3} \\ = 5.11 \times 1000 \\ = 5110[/tex]

Answer:

5110

Step-by-step explanation:

In order to solve this, we need to know what a "power" in math is, and then we just do the following...

[tex](5.11)(10^{3}) = (5.11)(1000) = 5110[/tex]

If two points known on the line AB in the coordinate plane is (7,15) and (18,42), calculate the following..

A) the slope of the line AB

B) The length of the line AB

Answers

Answer:

Slope = 27/11AB = 29.15 u

Step-by-step explanation:

Given :-

Two points are given to us .The points are A(7,15) and B(18,42)

To Find :-

The slope of the line .The length of line AB .

We can find the slope of the line passing through the points [tex]( x_1,y_1)[/tex] and [tex]( x_2,y_2)[/tex]as ,

[tex]\implies m = \dfrac{ y_2-y_1}{x_2-x_{1}}[/tex]

Plug in the respective values ,

[tex]\implies m = \dfrac{ 42-15}{18-7} \\\\\implies \boxed{ m = \dfrac{ 27}{11 }}[/tex]

Hence the slope of the line is 27/11 .

[tex]\rule{200}2[/tex]

Finding the length of AB :-

We can find the distance between them by using the Distance Formula .

[tex]\implies Distance =\sqrt{ (x_2-x_1)^2+(y_2-y_1)^2} \\\\\implies Distance =\sqrt{ (18-7)^2+(42-15)^2 } \\\\\implies Distance =\sqrt{ 11^2 + 27^2 } \\\\\implies Distance =\sqrt{ 121 + 729 } \\\\\implies Distance = \sqrt{ 850} \\\\\implies \boxed{ Distance = 29.15 \ units }[/tex]

Hence the length of AB is 29.15 units .

Durning the summer , a shoe store sells sneakers and sandals at a ratio of 4:7 . If the store sells 164 pair of sneakers, how many pair of sneakers and sandals does the store sell in all ?

Answers

Answer:

x = number of pairs of sandals sold = 287

Total pair of sneakers and sandals sold = 451 pairs

Step-by-step explanation:

Sneakers = 4

Sandals = 7

Sneakers : sandals = 4 : 7

If the store sells 164 pair of sneakers

Let

x = number of pairs of sandals sold

Sneakers : sandals = 164 : x

Equate both ratios to find x

4 : 7 = 164 : x

4/7 = 164/x

4 * x = 7 * 164

4x = 1,148

x = 1,148/4

x = 287

x = number of pairs of sandals sold = 287

how many pair of sneakers and sandals does the store sell in all ?

Total pair of sneakers and sandals sold = Sneakers + sandals

= 164 + 287

= 451 pairs

Total pair of sneakers and sandals sold = 451 pairs

Solve for X

show me what steps to do for this one​

Answers

Answer:

x = 24

Step-by-step explanation:

The exterior angle of a triangle is equal to the sum of the 2 opposite interior angles.

120° is an exterior angle of the triangle, then

2x + 3x = 120

5x = 120 ( divide both sides by 5 )

x = 24

Answer:

here ig ..this is all

Step-by-step explanation:

sry if I got wrong

stay safe ...

What is 442.1 × 11 =​

Answers

Answer: 4,863.1

Step-by-step explanation:

PLS HELP no bots ;(((
Enter the coordinates of the point on the unit circle at the given angle.

300 degrees
(1/_, -_/2)

Answers

Answer:

1/2 -3/2

Step-by-step explanation:

The 15th term of an arithmetic sequence is 21 and the common difference is -4.
(a) Find the first term of the sequence.
(b) Find the 29th term of the sequence.
(c) Find the sum of the first 40 terms of the sequence.

Answers

Answer:

a. Firat term of the sequence= 77

b. 29th term of the sequence= -35

c. Sum of the first 40 terms of the sequence= -40

Step-by-step explanation:

The first term of the sequence is 77, the 29th term of the sequence is -35 and the sum of the first 40 terms of the sequence is -40.

Given that, [tex]a_{15} =21[/tex] and d=-4.

What is the nth term of the arithmetic sequence?

The nth term of the arithmetic sequence is [tex]a_{n} =a+(n-1)d[/tex].

To find the first term of the sequence:

[tex]a_{15}[/tex]=a+(15-1)(-4)

⇒21=a+(15-1)(-4)

⇒a=77

To find the 29th term of the sequence:

[tex]a_{29}[/tex]=77+(29-1)(-4)=-35

To find the sum of the first 40 terms of the sequence:

The first n terms of a sequence [tex]=\frac{n}{2}[2a+(n-1)d)][/tex]

[tex]S_{40} =\frac{40}{2}[2 \times77+(40-1)(-4))][/tex]

=20(154-156)=-40

Therefore, the first term of the sequence is 77, the 29th term of the sequence is -35 and the sum of the first 40 terms of the sequence is -40.

To learn more about the arithmetic sequence visit:

https://brainly.com/question/15412619.

#SPJ2

Write a number using the following clues:

a multiple of 4
greater than 30 but less than 100

Answers

Answer:

Theres a lot of numbers you can choose from 36, 40, 44, 48, 52, 56, 60, 64, 68, 72, 76, 80, 84, 88, 92, 96,

Step-by-step explanation:

It would be 40 since 10 x 4 = 40, 40 is a multiple of 4, greater than 30 and less than 100.

Keisha's teacher gives her the following information:
• m, n, p, and q are all integers and p = 0 and q +0
• A= and B=;
What conclusion can Keisha make?

Answers

i think it is b sorry if i am wrong

Answer: b

Step-by-step explanation: b

if my grade is a 77& and I get a 40% on a test what will my grade be?

Answers

Answer:

It really all depends on how much percent of your grade the test is worth. If your current average is 77%, and the test is worth 30-100% of your grade, then the 77% will likely become 75% or even 73%.

Step-by-step explanation:

It all just depends.

If the expression above is rewritten in the form a+bi, where a and b are real numbers, what is the value of a? ​

Answers

Answer:

......................................,........

Find an equivalent ratio in simplest terms: 15 : 27​

Answers

15/27 = .55555555556 repeated
When u convert it into a fracture, the simplified version would be 5/9

Answer: 5/9

help plz 30 points and brainliest! <3

Answers

23x3 is 69

219x6 is 1314

840x 3 2520
23 x 3 = 69
219 x 6 = 1314
840 x 3 = 2520
200 x 6 = 1200
5319 x 4 = 21276
7043 x 8 = 56344
4909 x 6 = 29454
8000 x 3 = 24000
70 x 20 = 1400
53 x 60 = 3180
76 x 32= 2432
41 x 27 = 1107
52 x 28 = 1456
79 x 58 = 4582
94 x 78 = 7332

Rectangle ABCDABCDA, B, C, D is graphed in the coordinate plane. The following are the vertices of the rectangle: A(-2, 2)A(−2,2)A, left parenthesis, minus, 2, comma, 2, right parenthesis, B(6, 2)B(6,2)B, left parenthesis, 6, comma, 2, right parenthesis, C(6, 3)C(6,3)C, left parenthesis, 6, comma, 3, right parenthesis, and D(-2, 3)D(−2,3)D, left parenthesis, minus, 2, comma, 3, right parenthesis.
What is the area of rectangle ABCDABCDA, B, C, D? Please Help

Answers

Answer:

Step-by-step explanation:

The rectangle ABCD has vertices A(-2,2), B(6,2), C(6,3) and D(-2,3).

Now, length of side AB = [6 - (- 2)] = 8 units.

{Since the line AB is parallel to the x-axis, so the length of the segment AB will be the difference between the x-coordinates of the points A and B}

Again, line BC is parallel to y-axis and hence the length BC = (3 - 2) = 1 units.

Therefore, the area of the rectangle ABCD will be (8 × 1) = 8 sq. units. (Answer)

Answer:

8 Square Units

Step-by-step explanation:

Each state can set its own minimum wage. If the federal and state minimum wages are different, the highest minimum wage is used.

True
False

Answers

Answer:

True

Step-by-step explanation:

Answer:

True

Step-by-step explanation:

Wages are usually identified as the money you are paid per hour. For instance, the current minimum wage in the United States, meaning the least per hour an employer can pay a worker, is $7.25 an hour. Minimum wage is determined by the Federal Department of Labor. Individual states can set a higher minimum wage for its citizens. In those instances where the federal and state minimum wages are different, the higher minimum wage is used.

PLZZZ HELP ASAP LAST ONE TYSM

Answers

Answer:

answer: 31.4

Step-by-step explanation:

the formula to finding circumference is just diameter × pi we arent given the diameter so we have to figure it out but what we do know is the radius is half of the diameter so 5 x 2 = 10 so now that we have the diameter we just multiply by pi so 10 × 3.14 = 31.4 Hope this helps!

Answer:

10 π m

Step-by-step explanation:

Given,

Radius ( circle ) = 5 m

To find : Circumference ( circle ) = ?

Formula : -

Circumference ( circle ) = 2πr

Circumference ( circle )

= 2 x π x 5

= 10 π m

I’m tired and I just want to get this done. I’ve gotten too many wrong so far. Pls help!

Answers

The answer is 125(1/5)^n I think

Answer:

the first option is correct:  t(n) = 125([tex]\frac{1}{5}[/tex])ⁿ

Step-by-step explanation:

7. There are 3 ways to get from Town A to Town B, 4 ways to get from Town B to Town C, and another 5 ways to get from Town C to Town D. In how many different ways could we get from Town A
to Town D?
A.60
B.1320
C.12
D.220

Answers

Answer:

Its A

Step-by-step explanation:

I took the quiz.

The total number of different ways he can get from Town A to Town D is

60 ways , Option A is the correct answer.

What is Combination ?

The way of selecting objects from a group of objects such that the order does not matter.

It is given that

There are 3 ways to get from Town A to Town B

The total number of ways he can select one route is ³C₁ = 3

There are 4 ways to get from Town B to Town C

The total number of ways he can select one route is ⁴C₁ = 4

There are 5 ways to get from Town C to Town D

The total number of ways he can select one route is ⁵C₁ = 5

The total number of different ways he can get from Town A to Town D is

3 * 4 * 5

= 60 ways

Therefore Option A is the correct answer.

To know more about Combination

https://brainly.com/question/13387529

#SPJ2

expand -9(9-p)



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

Answers

Answer:

35

Step-by-step explanation:

Answer:

-81+9p

Step-by-step explanation:

-9(9-p)

-9×9-9×-p

-81-9×-p

-81-(-9p)

-81+9p

9p-81

plz help, photo above

Answers

Answer:

D

Step-by-step explanation:

Can I have brainliest? It would help me out, if not thanks anyways! Hope this helped and have a nice day!

D hope this helps you

Emily is encouraged to read more than 4 hours each week. It takes her 45 minutes to finish her first book. She divides the remainder of the time equally amongst the other six days. What is the minimum number of minutes she should read each day? Write and solve an inequality. put this is an inequality pls!!

Answers

Step-by-step explanation:

x > 4 hours/week

4 hours is 240 minutes

45 minutes/ 1st book

4 hours minus 45 minutes is 3 hours and 15 minutes

3 hours and 15 minutes = 195 minutes

195 minutes ÷ 6 = 32.5 minutes

make the formula working backwards

(240 - 45) ÷ 6 > x

1st answer gets brainliest!!!
The surface area of this regular pyramid is 1040 cm2. The base is a regular pentagon with side b = 16 cm and slant height l =15 cm. Find its apothem (a).
PLEASE show work :))

Answers

The apothem of this is 13

Right triangle A B C. Side A C is 10 meters, side B C is 20 meters, and hypotenuse A B is blank.
Find the area of the triangle.
a.
620 sq. m
c.
100 sq. m
b.
200 sq. m
d.
180 sq.m

Answers

Answer:

C)  100 sq. meters

Step-by-step explanation:

LIST THE ANGLES OF THE TRIANGLE FROM LEAST TO GREATEST ILL BRAINLIEST YOU IF YOU GET IT RIGHT

Answers

Angle A< Angle B< Angle C

The length of a rectangle is 4 cm more than 3 times its width. If the area of the rectangle is 15 cm², find the width.

Answers

Answer:88888888

Step-by-step explanation:

HELP PLS HELP ILL MARK YOU BRAINLEST

a) 12°, 78°

b) 18°, 72°

c) 15°, 165

d) 36°, 144°​

Answers

d) 36, 144 is the answer
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