Step-by-step explanation:
the probability that the ticket will win you 600 dollars * 1/1500 = 600/1500.
the probability that the ticket will win you 50 dollars is 50 * 5/1500 = 250/1500.
the probability that the ticket will win you 25 dollars is 25 * 20/1500 = 500/1500.
your expected value is -1 + 600/1500 + 250/1500 + 500/1500 = -.1.
the average loss for each dollar that is bet is equal to 10 cents.
hope this helped
Answer:
The last option.
Step-by-step explanation:
First answer = 6/8
Second answer= 5.5/8
Third answer= 6.5/8
Fourth answer= 4/8
Fourth answer is correct.
Answer:
This is the best solution for your question
<u>Answer:</u>
(x, y) = (-2, 2)
<u>Step-by-step explanation:</u>
We are given the following two equations which we are to solve using the substitution method:
--- (1)
--- (2)
From equation (1):

Substituting this value of x in (2) to get:
[/tex]
y = 2
Substituting the value of y in (1) to get x:
x = -2
Therefore, (x, y) = (-2, 2).
C+p=15
5c+7p=91
multiply 5 to 1st equation and subtract it from 2nd
multiply 5 to 1st equation to get
5c+5p=75
now subtract this from 2nd equation
thats 2p=16
so
p=8
now we find c from
c+p=15
c=7