Let's assume
x represents the number of $25 tickets
y represents the number of $50 tickets
A total of 1,250 tickets
so, we get
So, cost of $25 tickets is 25x
So, cost of $50 tickets is 50y
Total cost of tickets =(cost of $25 tickets)+(cost of $50 tickets)
Total cost of tickets =25x+50y
we are given
worth $50,000, were sold
so, we get equation as
we get system of equations as
..............Answer
Using the binomial distribution, there is a 0.3474 = 34.74% probability of getting one wrong number.
<h3>What is the binomial distribution formula?</h3>The formula is:
The parameters are:
For this problem, the values of the parameters are given by:
p = 0.15, n = 10.
The probability of getting one wrong number is P(X = 1), hence:
P(X = 1) = C(10,1) x (0.15)¹ x (0.85)^9 = 0.3474
0.3474 = 34.74% probability of getting one wrong number.
More can be learned about the binomial distribution at brainly.com/question/24863377
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