Step-by-step explanation:
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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>
Answer:
Step-by-step explanation:
slope= y2-y1 / x2-x1
= -2-5 / 2-3
= -7 / -1
= 1
1520 ÷ 10 = 152
1520 ÷ 20 = 76
1520 ÷ 40 = 38