In this question, both tickets cost 2$ per ticket.
The answer to this question would be: $0
In WinOne scenario, you need to match a ticket that has to pick from A-J(10 possibilities) and 0-9 (10 possibilities). The chance to win would be: 1/10* 1/10= 1/100
The expected value must be:
E= chance to win * win amount - ticket price
E= 1//100*$200 - $2= $2-$2= 0
for one show it will be 23.1 minutes if you multiply 2.30 minutes by 3 and get 6.9 you subtract 6.9 from the 30 minutes and you should 23.1 minutes
I am better at substitution, but you want to get the equations as similar as possible, but are the opposite, so you can cancel it out.
Answer: it says $18 plus $3. The equation would be y = 3x + 18 like said. And for the other one it’s y = 5x + 12 following the same logic.
I know I’m not helping much but I’m rushing rn. Hope this helps?
