There is a profit of $39.7.
It is given that there 100 tickets costing $10 per ticket.
You must look first for the probability of the 4 prizes which are $475, $195, $30, and no prize.
P ($475 prize) = 1/100 or 0.01
P ($95 prize) = 2/100 or 0.02
P ($30 prize) = 4/100 or 0.04
P (No prize) = 100/100 – 1+2+4/100 =93/100 .93
Expected gain or loss is computed by: (P(x)* n)
E= (475-10)*.01 + (95-10)*0.02 + (30-10)* 0.04 + (-10)*.93
= 46.5 + 1.70 + 0.8 – 9.3
E = 39.7
There is a profit of $39.7.
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Answer:
m=7
Step-by-step explanation:
The answer to the question
Answer:
x = 10; x = 0
Step-by-step explanation:
x < 29 means x is less than 29. Any number less then 29 is a solution.
For example, pick x = 10. Since 10 < 29, x = 10 is a solution. How do we know x = 10 is a solution?
We start with x < 29.
Now replace x with 10.
10 < 29
Since 10 < 29 is a true statement, then x = 10 is a solution.
Now pick another number less than 29. For example, oick 0.
x = 0 is a solution.
Proof:
x < 29
Replace x with 0:
0 < 29
Since 0 < 29 is a true statement, then x = 0 is a solution.
You can give more solutions just by picking any numbers that are less than 29, such as 1, 2, 3, 15, 28, 23, -5, -18, etc.
Answer: x = 10; x = 0
Let her total earnings = y (dependent variable)
and her hours worked = x (independent variable)
y = 18x + 75