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agasfer [191]
2 years ago
5

At a raffle, 1500 tickets are sold for $2 each for four prizes of $500, $250, $150, and $75. You buy one ticket. What is the exp

ected value of your gain?
Mathematics
1 answer:
Kisachek [45]2 years ago
5 0
To find the expected value of your gain in each prize, subtract the price of the ticket from the prize:

If the prize is $500: $500 - $2 = $498
If the prize is $250:  $250 - $2 = 248
If the prize is $160: $160 - $2 = $73

But if you did not win any cash prize, you do not have any gain because
0 cash prize - $2 ticket = -$2 which is a loss
You might be interested in
A group of adults and students went on a class trip to Washington, DC. The number of male students was 1 more than 7 times the n
Helga [31]
In equation, let x be the number of male students
a be the number of adults
y be the number of female students.
x= 7a+1
a= x/7 -1
y= x/2 or (7a + 1)/ 2

a + b = 82, let b be the number of students.
a + (x + y) = 82
a + [7a+1 + (7a+1)/2] = 82
a + [{2(7a+1) + 7a+1} / 2] = 82
a + [(14a +2 + 7a +1) / 2] = 82
a + [(21a + 3) / 2] = 82
(2a+ 21a + 3) / 2 = 82
(23a + 3) / 2 = 82
23a + 3 = 164
23a = 164 -3 
23a = 161
a = 7

x = 7(7) +1, 49+1 = 50 male students
y=x/2, 50/2, 25 female students

50(male students) + 25(female students)  + 7 (adults) = 82





8 0
2 years ago
Which value of K will make x^2-1/4x+k a perfect square trinomial?
lakkis [162]
To find it it is
ax^2+bx+c
if the first term (a) is 1 then c=b/2
b=-1/4
(-1/4)/2=-1/4 times 1/2=-1/8

k=-1/8


4 0
3 years ago
Make a list of factors for -20
andre [41]

Answer:

1 2 4 5 10 20

-1 -2 -4 -5 -10 -20

7 0
3 years ago
Read 2 more answers
A particular fruit's weights are normally distributed, with a mean of 406 grams and a standard deviation of 27 grams.The heavies
Tom [10]

Given

mean of 406 grams and a standard deviation of 27 grams.

Find

The heaviest 14% of fruits weigh more than how many grams?

Explanation

given

mean = 406 gms

standard deviation = 27 gms

using standard normal table ,

\begin{gathered} P(Z>z)=14\% \\ 1-P(Zso , [tex]\begin{gathered} x=z\times\sigma+\mu \\ x=1.08\times27+406 \\ x=435.16 \end{gathered}

Final Answer

Therefore , The heaviest 14% of fruits weigh more than 435.16 gms

8 0
1 year ago
The difference of two numbers is 8. If the sum of the smaller number and the square of the larger
galben [10]

Answer:

12

Step-by-step explanation:

12^2 is the greatest number that is closest to 148. then there is 4 as the smaller number 12-4=8

144+4=148

6 0
3 years ago
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