100 tickets are sold for $1 each. there’s a $25 prize and a $10 prize.what is the expected value for a person that buys a ticket? round to the nearest cent

Answers

Answer 1

The expected value for a person who buys a ticket is $0.35.

We have,

Number of tickets sold = 100

Price of each ticket = $1

Prize value (1st prize) = $25

Prize value (2nd prize) = $10

Let's calculate the expected value step by step:

Calculate the probability of winning each prize:

Since there is only one 1st prize and one 2nd prize, the probability of winning each prize is:

Probability of winning the 1st prize = 1/100

Probability of winning the 2nd prize = 1/100

Calculate the expected value:

Expected value = (Probability of winning 1st prize x Value of 1st prize) + (Probability of winning 2nd prize x Value of 2nd prize)

= (1/100 x $25) + (1/100 x $10)

= $0.25 + $0.10

= $0.35

Therefore, the expected value for a person who buys a ticket is $0.35.

Learn more about Probability here:

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Related Questions

Plz help I’m stuck on this question

Answers

Answer:

the answer is C

Step-by-step explanation:

bhl

2

i hope it will help you

1) In statistics, the average is also
known as
O a) Mean
b) Median
c) Tally Marks
O d) Mode​

Answers

Answer:

In statistics the average is also known as mean.

Ans: mean

The average is also known as mean.

plz help
............​

Answers

Hi there!

[tex]\large\boxed{x < 2}[/tex]

[tex]\frac{4x + 6}{7} < 2[/tex]

Begin by multiplying both sides by 7:

[tex]4x + 6 < 2 * 7 \\\\4x + 6 < 14[/tex]

Subtract 6 from both sides to isolate for x:

[tex]4x + 6 - 6 < 14 - 6\\\\4x < 8[/tex]

Divide both sides by 4 to solve for x:

[tex]4x/4 < 8/4\\\\x < 2[/tex]

despeja la variable y en la siguiente expresión 5x/2y-1=2​

Answers

La ecuación lineal está dada por y = (5/4)x + (1/2)

Ecuación lineal

Una ecuación lineal tiene la forma:

y = mx + b

donde y, x son variables, m es la tasa de cambio y b es el intercepto en y.

Dada la ecuación:

5x/2y-1=2​

Para resolver la ecuación, primero multiplique en cruz:

5x = 4y - 2

4y = 5x + 2

y = (5/4)x + (1/2)

La ecuación lineal está dada por y = (5/4)x + (1/2)

Find out more on Ecuación lineal at: https://brainly.com/question/14323743

find the interest rate you are borrowing $2,500 for 2 years and you ear $450 in interest

Answers

Answer:

2500×100/2×450

25/2×450

25/900=

36

Create a word problem that can be represented by the expression in number 4. –6 ÷ 1 1/3 ​

Answers

Answer:

I suppose that we want to use the expression in number 4.

The expression we need to use is:

6/(1 + 1/3)

This is:

"the quotient between the number 6 and the number 1 and 1/3"

We could write a problem like:

"We have 1 and 1/3 pounds of apples, and we have 6 grams of caramel that we want to divide evenly between all the apples. How much caramel we will have in each pound of apples?"

Then we need to divide the total amount of caramel by the total amount of apples, this is:

(6gr)/(1 + 1/3 lb) = (6/(3/3 + 1/3  )) gr/lb = (6/ 4/3) gr/lb = 6*(3/4) gr/lb

= 18/4 gr/lb =  (16 + 2)/4 gt/lb = 16/4 gr/lb + 2/4gr/lb = 4 gr/lb + 1/2 gr/lb

= (4 and 1/2) gr/lb

It costs $125.00 to rent the swimming pool, plus $4.50 per person. What would be the total cost to rent the swimming pool for 30 people?

Answers

Answer: Hi, I think your answer is gonna be 260 dollars! Have a good day!

Step-by-step explanation:

Enter the unknown value that makes this statement true.
60 is
% of 80

Answers

Answer:

Step-by-step explanation:

60 = x% of 80

x% = 60/80 = 0.75 = 75%

4 friends share 3 pounds of grapes equally.how much pounds of grapes does each friend get?

Answers

Answer:

0.75 lb

Step-by-step explanation:

3 divided by 4 is 0.75

A floor shaped like a square has a perimeter of 100 feet.what is the area of the floor in square feet?

Answers

Answer:

625

Step-by-step explanation:

Square has four sides. 100/4=25

Area=L×W

25×25=625 square feet

Question 1 of 5
Which three side lengths best describe the triangle in the diagram?
O INCHES
1
2
3
4
5
OM 1
2
3
4
5
6
7
8
9
10 11 12 13
O INCHES
5
9 10 11 12 13
w
8
4
7
A
6
5
3
4
3
.
-N
2
O
0 i 2
1
O INCHES
w

Answers

The answer is 2 answer 2

The three side lengths best describe the triangle in the diagram are A. 5 cm, 12 cm, and 13 cm

What is a triangle?

A polygon with three sides and angles is called a triangle.

Given is a figure, with the rulers attached to each side, we need to see what are the measurements of the sides of the triangle,

The first side is showing a measure of 13

The second side is showing a measure of 12

And, the third one is showing a measure of 5

This is a right triangle because the measurements are Pythagorean triplets.

Hence, the three side lengths best describe the triangle in the diagram are A. 5 cm, 12 cm, and 13 cm

Learn  more about triangles, click;

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The population of a city decreases by 1.2% per year. If this year's population is
242,000, what will next year's population be, to the nearest individual?

Answers

Answer:

Your answer

212960

Mark it as Brainlist answer. Follow me to get more answer

Step-by-step explanation:

Answer: it is actually 239096

Step-by-step explanation:

2h + 2h and 4h
plsssss help

Answers

Answer:

8h

Step-by-step explanation:

basically your supposed to combine all of the H's. The numbers are how many there are. Just add the numbers with the same letters, and then stick the letter next to it.

2+2+4= 8

h+h+h= h

8h

Have a good day!! Be tiger fierce!!

8h

2h + 2h = 4h +4h = 8h

98 x 24 = (100 - 2 ) x 24 = ?

Answers

Answer:

2352

Step-by-step explanation:

(100 - 2) x 24 = 2400 - 48 = 2352

Draw a picture using the rectangular fraction model and write the answer. When possible, write your answer as a mixed number. 3/4 + 2/3 =

Answers

Answer:

yesss sirrrrrrrr

Step-by-step explanation:

l am out eyyyyyy

Parallelogram ABCD is similar to parallelogram EFGH. Which proportion must be true?
A. BC FG = CD GH
B. FG BC = CD GH
C. AB HG = CB FG
D. BA EH = CD FG

Answers

Answer:

I believe the answer is D

Step-by-step explanation:

that one made them ost sense to me but I'm sorry if I'm wrong

ANSWER ASAP I WILL GIVE BRAINLIST

Answers

1/45 that’s the right answer

(-x2 -8y) + (-2xy - 2y2 + x2) + (-x2 + 4xy)

Answers

Answer:

-x² - 2y² + 2xy - 8y

Step-by-step explanation:

Identify the values of a,b, and c that could be used with the quadratic formula to solve the equation. Enter a as a positive integer value.
x^(2)=6(x-8)

A=
B=
C=

THANK YOU SO MUCH

Answers

Answer:

a=1

b= -6

c=48

Step-by-step explanation:

x^2=6(x-8)

x^2=6x-48

x^2-6x+48

a,b are the coefficients of x^2 and x

c is the constant value present

Therefore it is basically written as ax^2+bx+c

and comparing with the answer x^2-6x+48,

a=1, b= -6, c=48

Jason wanted to place all 540 marbles in the 3 newly bought boxes. If he wants to

divide it in a ratio of 1:2:3, how many marbles would be in each box?


I really need your help please!!, thank you.

Answers

Answer:

The first box will have 90 marbles, the second 180 and the third 270.

Step-by-step explanation:

Division in a ratio of 1:2:3

1 + 2 + 3 = 6

So

The first box will have 1/6 of the marbles.

The second box will have 2/6 = 1/3 of the marbles

The third box will have 3/6 = 1/2 of the marbles.

First box:

One sixth, so:

(1/6)*540 = 540/6 = 90

Second box:

One third, so:

(1/3)*540 = 540/3 = 180

Third box:

One half, so:

(1/2)*540 = 540/2 = 270

The first box will have 90 marbles, the second 180 and the third 270.

Solve the quadratic equation numerically (using tables of x- and y- values).

(x +2) (x + 3) = 12
a.
x = -1 or x = 3
c.
x = -6 or x = 1
b.
x = 2 or x = -3
d.
x =1 or x = -1


Please select the best answer from the choices provided

A
B
C
D

Answers

benceA yada D bilemedim

Answer:

to whoever else needs it, the answer is c

Step-by-step explanation:

just trust me bro

least common denominator of 2/9 and 11/12 ?

Answers

Answer:

2/9

Step-by-step explanation:

3. A process that occurs resulting in a organism becoming more complex structurally.

Answers

Answer:

Development

Step-by-step explanation:

Select all the expressions equivalent to 2.8⁴.

A. 6.8
B. 2.8 + 2.8 + 2.8 + 2.8
C. 11.2
D 2.8 + 4
E. 2.8 × 2.8 × 2.8 × 2.8
F. 61.4656
G. 2.8 × 4​

Answers

[tex]\huge\text{Hey there!}[/tex]

[tex]\large\text{Select all the expressions equivalent to }\mathsf{2.8^4}[/tex]

[tex]\large\text{Exponents is a number that is being said how many times to use}\\\large\text{when you are multiplying}[/tex]

[tex]\large\text{Now lets try to solve for your answer(s)}[/tex]

[tex]\bold{2.8^4 = 2.8\times2.8\times2.8\times2.8}\\\bold{2.8\times2.8\times2.8\times2.8}\\\bold{2.8\times 2.8 = 7.84}\\\bold{7.84\times7.84= answer}\\\uparrow\large\text{Solve above and you should have one of your answers!}\\\bold{\rightarrow 7.84\times7.84= 61.4656}[/tex]

[tex]\bold{2.8^4\ is\ EXPRESSED\ approximately\ 4\ times}\\\\\bold{\rightarrow 2.8^4= 2.8\times2.8\times 2.8\times2.8}[/tex]

[tex]\boxed{\boxed{\large\text{Answer: \underline{\bf{Option E.) 2.8 * 2.8 * 2.8 * 2.8 \& Option F. 61.4646}}}}}\huge\checkmark[/tex]

[tex]\textsf{Good luck on your assignment and enjoy your day!}[/tex]

~[tex]\frak{Amphitrite1040:)}[/tex]

Find the area.
3 ft.
9 ft.
4ft.
5 ft.
Cid +

Answers

Figure it out it’s easy

Factor the expression d2-8d +16

Answers

2(-3d+8)



Factor out the 2:
d x 2 -8d+16 —> 2(d-4d+8)

Collect like terms:
2(-3d+8)

hitunglah luas permukaan balok dengan ukuran sebagai berikut
a. 8 cm × 4 cm × 2cm
B. 8 cm × 3 cm × 4 cm ​

Answers

jawaban

a. = 112 cm²b. = 136 cm²

penjelasan langkah demi langkah( step by step explanation )

Total Luas Permukaan = 2 (Panjang x Lebar + Lebar x Tinggi + Panjang x Tinggi)

a.Luas Permukaan = 2( 8×4 + 4×2 + 2×8 )

= 2 ( 32 + 8 + 16 )

= 2 × 56

= 112 cm²

b.Luas Permukaan = 2( 8×3 + 3×4 + 4×8 )

= 2 ( 24 + 12 + 32 )

= 2 × 68

= 136 cm²

In the ______ market, corporations and governments typically issue bonds denominated in dollars and sell the to investors located outside the United States.

Answers

Corporates usually issue bonds dollar-denominated as well as sell them to investors based outside of the U.S throughout the Eurobond market.

Eurobond market:Investors, bankers, borrowers, as well as trading agencies participate in the Eurobond market by purchasing, selling, as well as transferring Eurobonds.The introduction of something like the euro as even the united European currency has sparked great interest throughout euro-denominated bonds; nevertheless, some commentators fear that new European Union taxation harmonization initiatives may reduce the bonds' value.

Thus the above solution is correct.

Find out more information about the Eurobond market here:

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X squared + 3x - 4 = 6

Answers

Hi there!

3x-4=6

To find x, add 6 with 4 then divide by 3...

[tex]6+4=10[/tex]

[tex]10[/tex]÷[tex]3=\frac{1}{3}[/tex]

Final Result: x=1/3

HELP PLEEEASE DUE TODAY ALL MY POINTS

if ΔABC and ΔXYZ are similar which must be true

Answers

C.

You must match the letters.

Answer:

C)

Step-by-step explanation:

Hope that helps!

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