Part A -
1 answer:
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Answer:
y=2x+8
Step-by-step explanation:
Alright so, to find the equation, we need to find the slope first. We can do that by turning the input and output into coordinates.
(1,10) and (2,12)
To find the slope, we do:
Which equals to 2
So right now we can say that the equation is:
y=2x+b
In order to find b, the constant, we just need to plug in the y values and x value of a coordinate:
10=2(1)+b
10=2+b
8=b
So now we can say that the equation is:
y=2x+8
Answer:
The expected winnings for a person buying 1 ticket is -0.2.
Step-by-step explanation:
Given : A raffle offers a first prize of $1000, 2 second prizes of $300, and 20 third prizes of $10 each. If 20000 tickets are sold at 25 cents each, find the expected winnings for a person buying 1 ticket.
To find : What are the expected winnings?
Solution :
There are one first prize, 2 second prize and 20 third prizes.
Probability of getting first prize is
Probability of getting second prize is
Probability of getting third prize is
A raffle offers a first prize of $1000, 2 second prizes of $300, and 20 third prizes of $10 each.
So, The value of prizes is
If 20000 tickets are sold at 25 cents each i.e. $0.25.
Remaining tickets = 20000-1-2-20=19977
Probability of getting remaining tickets is
The expected value is
Therefore, The expected winnings for a person buying 1 ticket is -0.2.