Can't there be infinite answers? I think is one though
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:
A
Step-by-step explanation:
The expression y = 4.998 ·
is the exponential function that passes through the points (- 1, 5 / 3) and (3, 135).
<h3>How to derive an exponential function that passes through two given points</h3>
Herein we find the location of two points set on Cartesian plane that belongs to an exponential function of the form:

Where:
- A - y-Intercept of the exponential function.
- B - Growth factor
- x - Independent variable.
- y - Dependent variable.
Which is equivalent to the following logarithmic expression:
㏑ y = ㏑ A + B · x
If we know that (x₁, y₁) = (- 1, 5 / 3) and (x₂, y₂) = (3, 135), then the following system of equations is generated:
㏑ (5 / 3) = ㏑ A - B
㏑ 135 = ln A + 3 · B
Then, we solve the system by numerical methods:
㏑ A = 1.609 (A = 4.998), B = 1.098
And the exponential function is equal to y = 4.998 ·
.
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