I believe the correct order is -.35, -.3, 0.5, .55
There is no solution so C.
Answer:
<em>" Expected Payoff " ⇒ $ 0.830</em>
Step-by-step explanation:
Consider the probability of entering 1 ticket out of the 1000 entered;

<em>Solution ; " Expected Payoff " ⇒ $ 0.830 ( might or might not include 0 at end )</em>
Answer:
The price before increase = 1255.5
Step-by-step explanation:
7% of 1350 = 
= 94.5
The price before increase = 1350 - 94.5
The price before increase = 1255.5