$4.30X40%=1.72
4.30-1.72=2.58
2.58X6%=.15
2.58+.15=2.73
Final price: $2.73
The correct answer is …..3, 2 1/4, 2 1/2
Answer:
1/5^7
Step-by-step explanation:
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.
well the absolute means positive so it would be a positive 1.6