To find the expected value of your gain in each prize, subtract the price of the ticket from the prize:
If the prize is $500: $500 - $2 = $498
If the prize is $250: $250 - $2 = 248
If the prize is $160: $160 - $2 = $73
But if you did not win any cash prize, you do not have any gain because
0 cash prize - $2 ticket = -$2 which is a loss
Answer:
x ≥-1
Step-by-step explanation:
-1/2x -3 ≤ -2.5
Add 3 to each side
-1/2x -3+3 ≤ -2.5+3
-1/2x ≤ .5
Multiply each side by -2, remembering to flip the inequality
-2 * -1/2x ≥ 1/2 * -2
x ≥-1
Answer:
7 units
Step-by-step explanation:
Answer:
(-3/8)/(-1/3)
=(-3/8) x (-3)
=9/8
=11/8
Step-by-step explanation:
