Answer:
Loss of $1.20
Step-by-step explanation:
The possible outcomes for this lottery and their probabilities are:
- a 1 in 100 chance of winning $450
- a 2 in 100 chance of winning $120
- a 4 in 100 chance of winning $30
- a 93 in 100 chance of losing $10
Therefore, the expected value of this lottery when buying one ticket is:

Therefore, you are expected to lose $1.2 per ticket.
Answer:
i have the same question
Step-by-step explanation:
He'll make 7 cuts. If you can't see that that is the answer, draw a diagram.
<span>7 * 5 = ?</span>
Answer:
6
Step-by-step explanation:
2 goes into 6 evenly so two times three equals six so you multiply 1 by three and it gives you 3/6