Answer:
Expected Winnings = 2.6
Step-by-step explanation:
Since the probability of rolling a 1 is 0.22 and the probability of rolling either a 1 or a 2 is 0.42, the probability of rolling only a 2 can be determined as:

The same logic can be applied to find the probability of rolling a 3

The sum of all probabilities must equal 1.00, so the probability of rolling a 4 is:

The expected winnings (EW) is found by adding the product of each value by its likelihood:
Expected Winnings = 2.6
Step-by-step explanation:
1.) Move the 5 to the other side of the equation
8y = -5x + 31
2.)
Divide by 8
y= .625x + 3.8
Answer: the surplus is 12$
Step-by-step explanation:
You only need to calculate what you bought it for and what you sold it for
You bought the materials for eight dollars and sold the materials/bracelet for 20, 20-8 means you have a surplus of 12 dollars