The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $8 each and will sell 900 tickets. There is one $3,000 grand prize, two $500 second prizes, and ten $10 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.

Answers

Answer 1

Step-by-step explanation:

the probability that the ticket will win you 600 dollars * 1/1500 = 600/1500.

the probability that the ticket will win you 50 dollars is 50 * 5/1500 = 250/1500.

the probability that the ticket will win you 25 dollars is 25 * 20/1500 = 500/1500.

your expected value is -1 + 600/1500 + 250/1500 + 500/1500 = -.1.

the average loss for each dollar that is bet is equal to 10 cents.

hope this helped


Related Questions

If 4.6 plus 1.9 times a number equals the sum of the number and 94.6, what is the number? Express your answer as a simplified fraction or a decimal rounded to two places.

Answers

Answer:

The number is:

x=99.67

Step-by-step explanation:

Let 'x' be the number

4.6 plus 1.9 times a number 'x' = 4.6 + 1.9xSum of number 'x' and 94.6 = x+94.6

Given that 4.6 plus 1.9 times a number equals the sum of the number and 94.6.

so the equation becomes

[tex]4.9+1.9x=x+94.6[/tex]

[tex]1.9x-x=94.6-4.9[/tex]

[tex]0.9x=89.7[/tex]

[tex]\mathrm{Multiply\:both\:sides\:by\:}10[/tex]

[tex]0.9x\cdot \:10=89.7\cdot \:10[/tex]

[tex]9x=897[/tex]

[tex]\mathrm{Divide\:both\:sides\:by\:}9[/tex]

[tex]\frac{9x}{9}=\frac{897}{9}[/tex]

[tex]x=\frac{299}{3}[/tex]

[tex]x=99.67[/tex]

Therefore, the number is:

x=99.67

The sequence below follows the Fibonacci rule.
Calculate the next term.
8, 13, 21, 34, 55 *

Answers

Answer:

89

Step-by-step explanation:

8, 13,

8+13= 21

13+21 =34

21+34=55

34+55=89

Clinton had his sister sell some of their toys at a garage sale. Clinton makes $12.94 at the sale, and his sister makes $20.18.How much less did Clinton make at the garage sale than his sister

Answers

Answer:

$7.24

Step-by-step explanation:

it just is

I need help in number 2 ASAP please

Answers

Answer:

Step-by-step explanation:

angle A + angle B + angle C = 180° [Sum of all angles of a triangle is 180°]

=> 2x+1 + x+15 + x = 180°

=> 4x + 16 = 180°

=> 4x = 180° - 16°

=> 4x = 164°

=> x = ([tex]\frac{164}{4}[/tex])°

=> x = 41°

[tex]\\[/tex]

angle A = 2x+1 = 2×41 +1 = 82 + 1

=> 83°

angle B = x+15 = 41+15

=> 56°

angle C = x

=> 41°

[tex]\\\\\\[/tex]

HOPE IT HELPS

PLEASE MARK ME BRAINLIEST ✿(◕ᴗ◕)✿

Find the area of the Compound shape

The answer is 45 m^2

I just need the steps....

Answers

Answer:

45 cm^2

Step-by-step explanation:

Dividing the shape into the two separate components of a square and a triangle makes it easier.

The square area is found by multiplying the side by the side, 6cm*6cm which gives us 36cm^2.

Then the triangle the height is 3cm and the base is 6cm. Using the formula 1/2*base*height.

Which would be 1/2*6*3=9cm^2.

Adding the two, 9+36= 45cm^2.

mary-ann has $28 which is 2 1/3 as much money as lola has how many money does lola have?

Answers

Answer:

$12

Step-by-step explanation:

.......12...........

solve 7(x-3)+x+22=17 for x.

Answers

Answer:

x=-13/4

Step-by-step explanation:

hope this helps :)

Answer:

x = 1

Step-by-step explanation:

Rearrange:

Rearrange the equation by subtracting what is to the right of the equal sign from both sides of the equation :

                    (x-3)+x+22-(17)=0  

Step by step solution :

STEP  1:

Pulling out like terms

1.1     Pull out like factors :

  2x + 2  =   2 • (x + 1)  

Equation at the end of step  1:

STEP  2:

Equations which are never true:

2.1      Solve :    2   =  0

This equation has no solution.

A a non-zero constant never equals zero.

Solving a Single Variable Equation:

2.2      Solve  :    x+1 = 0  

Subtract  1  from both sides of the equation :  

                     x = 1

One Solution Was Made :

x = 1

HOPE THIS HELPS!

PLEASE MARK BRAINLIEST IF THIS HELPED YOU LEARN!

So answer this ok WHO HATES JIJI on ST MATH

Answers

Answer:

me

Step-by-step explanation:

Answer:

st math

Step-by-step explanation:

12. According to the label, the package of crackers contains 6 grams of fat, which is 8% of the recommended daily value.
How many total daily grams of fat are recommended in a day?

Answers

The answer is 75 grams of fat

It cost 21 dollars to sent 3 packages. how much does it cost to send 1 package?

Answers

Answer:

7

Step-by-step explanation:

21/3=7

Answer:

7 dollars/$7

Step-by-step explanation:

21 divided by 3 = 7

$7 to send 1 package.

Reggie is deciding when to go bowling with his friends. Friday night is glow-bowling night, with 5 glow-bowling games for $22.50. But the early-bird special on Saturday morning offers 8 games for $30. How much more does glow-bowling cost per game?



TELL ME HOW U DO IT !


I WANT A WHOLE NUMBER OR A DEMSEL..
PLEASE AND THANK U !

Answers

Answer:

$ 0.75 per game

Step-by-step explanation:

Answer:

MAKE BRAINLIEST:

$0.75

Step-by-step explanation:

The sum of three numbers is 110. The third number is 4 times the second. The first number is 10 less than the second. What are the numbers?

Answers

Answer:

This is a bit confusing for me but here we go.

1x110

10x11 and

i don't really know the third

Step-by-step explanation:

Which graph represents points on the polar curve r = 2 + 5sin(θ)?

Answers

Answer:

Graph 2

Step-by-step explanation:

See image attached. Hope this helps.

The second graph shown the polar curve at r = 7.

Given ,

Equation of polar curve = r = 2 + 5sin(θ)

We have to find ,

Which of following graph show polar curve ,

At  r = 2 + 5sin(θ)

The area between two curves in the polar coordinate system, first find the points of intersection, then subtract the corresponding areas.

First graph ;  r = 2 + 5sin(θ)

Where ,

[tex]\theta = 0[/tex]

r = 2 + 5sin0

r = 2 + 5 (0)

r = 2

Second graph : r = 2 + 5sin(θ)

Where

[tex]\theta = \frac{\pi }{2}[/tex]

Then,

r = 2 + sin[tex]\frac{\pi }{2}[/tex]

r = 2 +5 ( 1 )

r = 2+5

r = 7

Third graph ;  r = 2 + 5sin(θ)

where

[tex]\theta = \pi[/tex]

Then,

r = 2 + 5sin[tex]\pi[/tex]

r = 2 + 5(0)

r = 2

Fourth graph ; r = 2 + 5sin(θ)

Where

r = 2 + 5sin[tex]\frac{3\pi }{2}[/tex]

r = 2 + 5 (-1)

r = -3

Fifth graph ; r = 2 + 5sin(θ)

Where

[tex]\theta = 2\pi[/tex]

r = 2 + 5sin(2π)

r = 2+ 5 (0)

r = 2

Comparing all the value of the graph ,the second graph shown the polar curve at r = 7.

Hence, The second graph shown the polar curve at r = 7.

For more information about Polar curves click the link given below.

https://brainly.com/question/1094340

Please help me it’s due today at 3:00pm will mark brainiest please help me please

Answers

Answer: 83

Step-by-step explanation:

(88+92+87+x)/4 = 90

(277+x)/4 = 90

x+ 277 = 360

x = 83

88+92+87+93 = 360 / 4 = 90

You'll probably need to get 93 on your fourth grade

the zoo has 30 animals all of them are lions or monkeys. There is a ratio of 3 lions to 7 monkeys. How many monkeys are there?

Answers

Answer:

21 monkeys

Work:

The ratio is 3:7 so 3*3=9 lions 7*3=21 monkeys

9+21=30

evaluate 8.3s + 7.5t when s=3 and t=4



plz help

Answers

8.3(3) = 24.9
7.5(4)= 30
24.9+30= 54.9
The answer is 54.9 I am sure it is

Find the median of 64,65,67,75,80,85,90,90

Answers

Answer:

75

Step-by-step explanation:

Median means the middle number in a sequence.

The Awnser nser is 75

A video game has 26 levels. You can score 5,337 points on each level. How many
hurry plzz

Answers

Answer:

Rounded: 205

Orignal:205.269230769...

Step-by-step explanation:

Divide 5337 by 26

Answer: at the end of the game u have 138762 points

Step-by-step explanation: new high score

4 pts
Question 1
(04.01 MC)
The supervisor at an office randomly selected 45 employees and observed their work habits. She recorded the
number of items sold as well as the total time the employees spent at their desk. Classify the random variables
from the survey. (4 points)
Number of items sold, discrete; time spent at desk, discrete
Number of items sold, continuous; time spent at desk, continuous
Number of items sold, continuous; time spent at desk, discrete
Number of items sold, discrete; time spent at desk, continuous
O Unable to determine from information given

Answers

Answer:

Number of items sold, discrete; time spent at desk, continuous

Step-by-step explanation:

The random variables from the survey is number of items sold, discrete; time spent at desk, continuous

What is random selection ?

A selection that is chosen randomly (purely by chance, with no predictability). Every member of the population being studied should have an equal chance of being selected.

According to the question

The supervisor at an office randomly selected 45 employees and observed their work habits.

She recorded

i > number of items sold  

ii > total time the employees spent at their desk  

As per observation

Number of items sold = discrete

as it is not possible to sell items in a continuous manner

But

time spent at desk = continuous

as every employee spend time at there desk

Hence, the random variables from the survey is number of items sold, discrete; time spent at desk, continuous

To know more about random selection here:

https://brainly.com/question/14728233

#SPJ2

Marcy needs to bake 80 cupcakes for a party. She has already baked 1/4 of the cupcakes needed. How many more cupcakes has she has to bake?

Answers

Answer:

60 cupcakes

Step-by-step explanation:

1/4 of 80 is 20

20+20+20+20=80

Please help me with math.​

Answers

Answer:

Step-by-step explanation:

1. Zero point six.

2. In 0.6 the 6 is in tenths place, so place 6 over 10 to create the equivalent fraction 6/10, and 0.60 is 60/100.

3. We can use the same diagram to represent 0.6 and 0.60 because they are equivalent, 0.6 is 60 percent cause the 6 is in the tenths place, 0.60 is also 60 percenr take the zero away and keep the decimal point which is  .60 the 6 is still in tenths place.

Richard and Teo have a combined age of 36. Richard is 12 years older than twice​ Teo's age. How old are Richard and​ Teo?

Answers

Answer:

teo is 8 and richard is 28

Step-by-step explanation:

A storage company must design a large rectangular container with a square base. The volume is 6750ft3. The material for the top costs $12 per square foot, the material for the sides costs $5 per square foot, and the material for the bottom costs $8 per square foot. Find the dimensions of the container that will minimize the total cost of material.

Answers

Ответ 163.54
Ниже расписано описание

See the picture below please help me and thank you.

Answers

Answer: -1.13

Step-by-step explanation:

Please answer all of these

Answers

What’s the questions

8minus 2n +3p has how many terms

Answers

Answer:

It has two terms.

Step-by-step explanation:

Imagine that James has been bowling for over 10 years and never gets any better or any worse. The probability that he will bowl a strike on any attempt of rolling a bowling ball stays at a constant 55%. During a particular bowling game, what is the probability that James will not bowl a strike until his fourth attempt?

Answers

Answer:

5.01%

Step-by-step explanation:

In order to calculate a sequence of events you need to multiply the probability of each event happening with one another in decimal form. In this scenario, the probability of James bowling a strike is 55% meaning that the probability of James NOT bowling a strike is 45%. We want to know the probability of James NOT bowling a strike for 3 attempts and then bowling a strike on his fourth attempt. We first turn these probabilities into decimal form by dividing them by 100. And then multiply...

55 / 100 = 0.55

45 / 100 = 0.45

0.45 * 0.45 * 0.45 * 0.55 = 0.05011875

Multiply by 100 to get percentage.

0.05011875 * 100 = 5.01%

What is the simplified value of the expression below?

12.4 x (negative 6.3)

Answers are below this
–78.12
–1.97
1.97
78.12

Answers

Answer:

-78.12

Step-by-step explanation:

a 12.4x-6.3= -78.12

mark as brainlyliest

Answer:

-78.12

Step-by-step explanation:

Round 258,177 to the nearest hundred thousand.

Answers

Answer:

It's 300,000

Step-by-step explanation:

if you round (25)0,000 off you get 300000, so you don't have to worry about the other digits too much

Find the area of a compound shape

Can you please explain

Answers

Answer: right there

Step-by-step explanation:

Find area of semi circle, and then rectangle.(rectangle is 20x14). 20xdiameter.

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