The "expected value of a ticket" is the probability of being drawn multiplied by the earnings associated to being drawn.
($1 is the price of the ticket which of course can be different).
So in this case probability is 1/2000 and the earnings would be valued $1000 (value of the plasma TV).
The expected value is 1/2000*1000=1000/2000=$0,5
This means you should not buy a $1 ticket to play except if this really brings you LOTS of amusement ;)
Solutions
4 1/9
4 1/9 <span> is a "mixed" fraction" so it can be simplified to an improper fraction
4 1/9 = 37 / 9 as an </span><span>improper fraction
</span><span> "reciprocal" means its inverse, which would be
</span>
9 / 37
To find the reciprocal you just have to flip the fraction.
Answer:
Stop cheating :) jk The answer is b Angie
Step-by-step explanation: