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Lostsunrise [7]

3 years ago

10

In a radio station contest, the first prize is $2,000 and the second prize is $500. The probability of winning the first prize i

s 0.005 and the probability of winning the second prize is 0.008. The station runs this contest many, many times to increase its listening audience. What is the expected payout for each time the station offers the opportunity to win the prizes?
$2,300
$500
$100
$14
$10

2 answers:

slava [35]3 years ago

4 0

Answer:

its 14 hpefully

Step-by-step explanation:

lana [24]3 years ago

3 0

I think the answer is $14

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What is 1 /7 as a decimal rounded to 3 decimal places?

Nostrana [21]

Answer:

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1/7 = ?/100

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Function f is an exponential function. It predicts the value of a famous painting, in thousands of dollars, as a function of the

nalin [4]

Answer:

$y=8 \cdot (\frac{5}{4})^x$

$f(x)=8 \cdot (\frac{5}{4})^x$

or

$f(x)=8 \cdot (1.25)^x$

Step-by-step explanation:

We are going to see if the exponential curve is of the form:

$y=a \cdot b^x$ , ( $b\neq 0$ ).

If you are given the $y-$ intercept, then $a$ is easy to find.

It is just the $y-$ coordinate of the $y-$ intercept is your value for $a$ .

(Why? The $y-$ intercept happens when $x=0$ . Replacing $x$ with 0 gives $y=a \cdot b^0=a \cdot 1=a$ . This says when $x=0 \text{ that} y=a$ .)

So $a=8$ .

So our function so far looks like this:

$y=8 \cdot b^x$

Now to find $b$ we need another point. We have two more points. So we will find $b$ using one of them and verify for our resulting equation works for the other.

Let's do this.

We are given $(1,10)$ is a point on our curve.

So when $x=1$ , $y=10$ .

$10=8 \cdot b^1$

$10=8 \cdot b$

Divide both sides by 8:

$\frac{10}{8}=b$

Reduce the fraction:

$\frac{5}{4}=b$

So the equation if it works out for the other point given is:

$y=8 \cdot (\frac{5}{4})^x$

Let's try it. So the last point given that we need to satisfy is $(2,12.5)$ .

This says when $x=2$ , $y=12.5$ .

Let's replace $x$ with 2 and see what we get for $y$ :

$y=8 \cdot (\frac{5}{4})^2$

$y=8 \cdot \frac{25}{16}$

$y=\frac{8}{16} \cdot 25$

$y=\frac{1}{2} \cdot 25}$

$y=\frac{25}{2}$

$y=12.5$

So we are good. We have found an equation satisfying all 3 points given.

The equation is $y=8 \cdot (\frac{5}{4})^x$ .

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