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KengaRu [80]
4 years ago
14

PLEASE!!!!!!!!!! HELP NEEDED QUICK

Mathematics
1 answer:
Triss [41]4 years ago
4 0
We have to find the expected value for the PlayBall lottery. 
The price of the ticket = $1
Prize amount = $250
If a player wins, he will be winning $249 as the price is not paid back along with the prize amount. He is spending $1, getting back $250, so the net amount he is getting back is $249.

Now we have to find the probability of winning and losing.

Number of letters from A to T = 20
Number of digits from 0 to 9 = 10

Probability of picking up the same letter that was picked on that day = 1/20
Probability of picking up the same number that was picked on that day = 1/10

Thus, the Probability of picking up the same letter and same number that was picked on that day = \frac{1}{20}* \frac{1}{10}= \frac{1}{200}

Thus, the probability of winning = 1/200

The probability of losing = 1- \frac{1}{200}=\frac{199}{200}

The expected value E for the PlayBall lottery will be:

E= \frac{1}{200}(249)- \frac{199}{200}(1) \\  \\ 
E= \frac{1}{4}  \\  \\ 
E=0.25

Thus, the option C gives the correct answer
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Ainat [17]
3 slices

This is because 1/4 of 12 is 3.
This is right because 3 x 4 = 12.
3 0
3 years ago
Elena receives ​$131 per year in simple interest from three investments totaling ​$3000. Part is invested at​ 3%, part at​ 4% an
ioda

Answer:

Elena invested $ 1,700 at 5%, $ 700 at 4%, and $ 600 at 3%.

Step-by-step explanation:

Given that Elena receives $ 131 per year in simple interest from three investments totaling $ 3000, and part is invested at 3%, part at 4% and part at 5%, and there is $ 1000 more invested at 5% than at 4%, to find the amount invested at each rate, the following calculations must be performed:

1500 x 0.05 + 500 x 0.04 + 1000 x 0.03 = 75 + 20 + 30 = 125

1600 x 0.05 + 600 x 0.04 + 800 x 0.03 = 80 + 24 + 24 = 128

1700 x 0.05 + 700 x 0.04 + 600 x 0.03 = 85 + 28 + 18 = 131

Therefore, Elena invested $ 1,700 at 5%, $ 700 at 4%, and $ 600 at 3%

7 0
3 years ago
There are 4 red golf balls and 2 green golf balls in a bucket. You select a ball at random, keep it, and select again. Find the
Alona [7]

Answer:

C

Step-by-step explanation:

It should be 2/3 because there are 6 balls and two of them are green which gives the fraction 2/6 and can be reduced to 1/3

6 0
3 years ago
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The table below describes a sequence of transformations that justify that two figures are similar. Which sentence below shows th
yuradex [85]

Answer:

dilation

Step-by-step explanation:

whenever the shape is dilated, or scaled by a factor of any number, the shape will change size and will become similar rather than congruent. congruent shapes have the same dimensions as the parent or original shape.

7 0
3 years ago
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Find the average of the following salaries:<br> $38,750.00, $42,500.00, $44,500.00
sertanlavr [38]
To find the average you add all three numbers together and then divide by three since you added three.
$38,750.00 + $42,500.00 + $42,500.00 = $123,750.00
$123,750.00 ÷ 3 = $41,250
So your answer is $41,250

4 0
3 years ago
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