About how many ants would it take to wrap around the earth
2 answers:
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Answer: $375
Step-by-step explanation:
Given : The probability of winning $100 : P(100)= 0.25
The probability of winning $200 : P(200)= 0.50
The probability of winning $1000 : P(1000)= 0.25
Now, the the expected value of that lottery ticket is given by :-
Hence, the the expected value of that lottery ticket =$375
The idea being, we first, move the repeating part to the left of the decimal point, by simply multiplying it by a power of 10, in this case, we need to move 318, so we need then 1000, 3 decimals, 3 zeros.
and we'll make the expression a variable, so let's do so first,
and we'll make the expression a variable, so let's do so first,