Answer:
The mathematical expectation of a student who purchases 10 tickets is -$39.65.
Step-by-step explanation:
A student that purchases 10 tickets out of 2900 has a probability of winning the cruise that can be calculated as:
Each ticket cost $5, so he has spent $50 for the 10 tickets.
Then, the expected value of this operation is equal to the expected value of the earnings (probability of winning the prize multiplied by the value of the prize), minus the costs:
The mathematical expectation of a student who purchases 10 tickets is -$39.65.
Answer:
unsure but i think the first one
Step-by-step explanation:
Answer:
1/20
Step-by-step explanation:
Step 1: Write the given number as the numerator and place 1 in the denominator right below the decimal point followed by the number of zeros required accordingly.
In this case, 0.05 has two numbers after the decimal, so, we place 100 in the denominator and remove the decimal point. This will make it 5/100
Step 2: Then, this fraction can be simplified. 5/100 = 1/20
Thus, 0.05 as a fraction is written as 1/20
Answer:
5 1/3
Step-by-step explanation:
2 1/3+(2 2/3) (1 1/8)= 5 1/3
