Subtracting Fractions 13 minus 12/40 equals
1 answer:
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For any circle with Cartesian equation
,
we have that the centre of the circle is
, and the radius of the circle is 
.
So in the case that
,
we essentially have that
.
So the centre of the circle is
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we have that the centre of the circle is
So in the case that
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Answer:
the expected value of this raffle if you buy 1 ticket = -0.65
Step-by-step explanation:
Given that :
Five thousand tickets are sold at $1 each for a charity raffle
Tickets are to be drawn at random and monetary prizes awarded as follows: 1 prize of $500, 3 prizes of $300, 5 prizes of $50, and 20 prizes of $5.
Thus; the amount and the corresponding probability can be computed as:
Amount Probability
$500 -$1 = $499 1/5000
$300 -$1 = $299 3/5000
$50 - $1 = $49 5/5000
$5 - $1 = $4 20/5000
-$1 1- 29/5000 = 4971/5000
The expected value of the raffle if 1 ticket is being bought is as follows:
Thus; the expected value of this raffle if you buy 1 ticket = -0.65