Answer:
x - 8y = - 56
Step-by-step explanation:
The equation of a line in standard form is
Ax + By = C ( A is a positive integer and B, C are integers )
Given
y = x + 7
Multiply through by 8 to clear the fraction
8y = x + 56 ( subtract 8y from both sides )
0 = x - 8y + 56 ( subtract 56 from both sides )
- 56 = x - 8y, that is
x - 8y = - 56 ← in standard form
Answer:
The expected winnings for a person buying 1 ticket is -0.2.
Step-by-step explanation:
Given : A raffle offers a first prize of $1000, 2 second prizes of $300, and 20 third prizes of $10 each. If 20000 tickets are sold at 25 cents each, find the expected winnings for a person buying 1 ticket.
To find : What are the expected winnings?
Solution :
There are one first prize, 2 second prize and 20 third prizes.
Probability of getting first prize is
Probability of getting second prize is
Probability of getting third prize is
A raffle offers a first prize of $1000, 2 second prizes of $300, and 20 third prizes of $10 each.
So, The value of prizes is
If 20000 tickets are sold at 25 cents each i.e. $0.25.
Remaining tickets = 20000-1-2-20=19977
Probability of getting remaining tickets is
The expected value is
Therefore, The expected winnings for a person buying 1 ticket is -0.2.