Answer:

Step-by-step explanation:
P(gold) =
=
= 
Answer:
<em>Expected Payoff ⇒ $ 1.50 ; Type in 1.50</em>
Step-by-step explanation:
Considering that 1 out of the 100 tickets will have a probability of winning a 150 dollar prize, take a proportionality into account;

<em>Thus, Solution ; Expected Payoff ⇒ $ 1.50</em>

we needed to eliminate w, do so by diving both sides by w and obtain the above result :)
Hope this helps.
Answer:
A) Hertz: 42x+32=y
Enterprise: y=46x+24
B) Hertz is less by 16 $; 300$ minus 386$
C)16$
Step-by-step explanation: