The probability that that a randomly selected student will buy a raffle ticket and win a prize = 0.03
Step-by-step explanation:
Step 1 :
Given,
The percentage of students buying the raffle ticket = 30%
The percentage that the student who bought the ticket wins the prize = 10%
We need to determined the probability that randomly selected student will buy a raffle ticket and win a prize.
Step 2 :
The probability that a student buys the raffle ticket = 
The probability that a student wins a prize =
= 
The probability that a student who buys the ticket wins a price can be computed by taking the product of the above 2 probabilities.
=
×
=
= 0.03
Step 3 :
Answer :
The probability that that a randomly selected student will buy a raffle ticket and win a prize = 0.03
Answer:
About 48 members would be expected to say that dues be raised
Step-by-step explanation:
Here, we shall be using a case of a representative sampling to determine the actual.
Out of the 100 selected members, 6 said the dues should be raised;
This represents a percentage of 6/100 = 6%
So out of the 800, the expected number of members that would ask for a dues raising will be;
6/100 * 800 = 48
A year is $200 so if you add it will be $16,000 after 8 years
5x +y = 6
5x + 3y = -4
multiply top equation by -1 and bottom by 1
-5x -y = -6
5x+3y = -4
solve and get
2y = -10
y = -10/2
y = -5
answer is -5