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
She done better at the 2nd test because she only got 4 wrong but on the first test she got 6 wrong.
Step 1: Let's review the information provided to us to answer the problem correctly:
• Option 1: $5.99 for 12 coffees
,
• Option 2: $ 23.99 for 70 coffee
Step 2: Let's calculate the cost of a coffee in each option, as follows:
• Cost of a coffee in Option 1 = 5.99/12 = 0.50 (rounding to the next cent): This means that every cup of coffee costs $ 0.50
• Cost of a coffe in Option 2 = 23.99/70 = 0.34 This means that every cup of coffee costs $ 0.34
Step 3: Now we can decide which is the better deal and why.
The better deal is option ........ because it is cheaper than option..........
You can complete step 3, Kay.
Who is Ben and Arthur? I’m sorry, I’m not with the trends. And investing early is important, coming for a young entrepreneur like myself.