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2 answers:
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Answer:
-$2.32
Step-by-step explanation:
Give that
The selling price per ticket is $9
And the number of tickets sold is 500
So,
There is one grand prize, three $300 second prize, and eleven $40 third prizes
We need to find out the expected value of the profit
= 4 + 1.8 + 0.88
= 6.68
Now the expected profit is
= $6.68 - $9
= -$2.32
Answer:
A)
B)
Step-by-step explanation:
A survey of 46 college athletes found that
- 24 played volleyball,
- 22 played basketball.
A) If we pick one athlete survey participant at random, the probability they play basketball is
B) If we pick 2 athletes at random (without replacement),
- the probability we get one volleyball player is
- the probability we get another basketball player is
(only 45 athletes left).
Thus, the probability we get one volleyball player and one basketball player is