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Alexxandr [17]
3 years ago
11

At a raffle, 1000 tickets are sold for $5 each. There are 20 prizes of $25, 5 prizes of $100, and 1 grand prize of $2000. Suppos

e you buy one ticket. 1. Use the table below to help you construct a probability distribution for all of the possible values of X and their probabilities.
2. Find the mean (expected value) of your net gain X, and interpret what this value means in the context of the game.
3. If you play in such a raffle 100 times, what is the expected value of your net gain? (Hint: Use your answer from #2.)
4. What ticket price would make it a fair game? (The game is “fair” if the money is balanced so that neither side, the players or the organizers of the raffle, wins/loses money on average.)
5. Would you choose to play the game? In complete sentences, explain why or why not.
6. If you were organizing a raffle like this, how might you adjust the ticket price and/or prize amounts in order to make the raffle more tempting while still raising at least $2000 for your organization?
Mathematics
1 answer:
ZanzabumX [31]3 years ago
8 0

Answer:

i dont know champ

Step-by-step explanation:

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ILL GIVE YOU BRAINLIEST!!!The sum of two numbers is 58. The difference between the same two numbers is 6. Find the two numbers.
inysia [295]

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the last one

Step-by-step explanation:

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Can someone answer this for me pls?
Aleks04 [339]

No. 1

x=2

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Solve it by substitution method

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3 years ago
Two buses leave Houston at the same time and travel in opposite directions. one bus averages 45mi/h and the other bus averages 4
lara [203]
If both buses travel with an average speed of 45 mi/h and we want to find when will they be 400 miles apart, we need to find when one of them will be 200 miles from its start point. To do it let's see how long does it take to make 1 mile:

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200 ÷ 3/4 =
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