Write 5 paragraphs about ww1 like how it started and ended 100 points plus brainy
(well I'm taking History class ab it and now we're on the holocaust/what started ww2 so...)
ww1 basically started because of the assassination of Austrian Archduke Franz Ferdinand. A man named Gavrilo Princip, who was part of a Serbian Nationalist group, took out a gun and killed both Austrian Archduke Franz Ferdinand and his wife. This was basically the beginning of ww1.
Austria/Hungary were upset by this and declared war on Serbia. Later, Germany joined Austria/Hungary. Soon, Russia entered the war on Serbia's side. So, technically, Austria blamed Serbia, which then looked to Russia for support. Germany declared war on Russia in support of Austria and on France because of its alliance with Russia. Britain declared war on Germany in support of Belgium and France, and on Turkey because of her alliance with Germany. Great Britain declared war on Germany because of Germany's invasion of the neutral country of Belgium. The British declared war on August 4, 1914. This began the whole war of the European countries.
In other ways, Militarism, Imperialism, Nationalism, and Alliances also started ww1.
Militarism = As the world entered the 20th century, a race for military power grew. By 1914, Germany had the biggest increase in their military. Great Britain and France also increased their military power too. Further, in Germany and Russia particularly, the military establishment began to have a greater influence on public policy. This increase in militarism helped push the countries involved into war.
Imperialism = Imperialism is when a country increases its power and wealth by bringing additional territories under its control. Before World War I, Africa and parts of Asia were points of contention among the European countries. This was especially true because of the raw materials these areas could provide. The increasing competition and desire for greater empires led to an increase in confrontation that helped push the world into ww1.
Nationalism = Much of the origin of the war was based on the desire of the Slavic peoples in Bosnia and Herzegovina to no longer be part of Austria-Hungary but instead be part of Serbia. In this way, nationalism led directly to the War. But in a more general way, the nationalism of the various countries throughout Europe contributed not only to the beginning but the extension of the war in Europe. Each country tried to prove its dominance and power.
Alliances = Over time, countries throughout Europe made mutual
defense agreements that would pull them into battle.
These treaties meant that if one country was attacked,
allied countries were bound to defend them. Before
World War 1, the following alliances existed:
- Russia and Serbia.
- Germany and Austria-Hungary.
- France and Russia.
- Britain and France and Belgium.
- Japan and Britain.
Armistice on the Western Front. On Nov. 11, 1918, after more than four years of horrific fighting and the loss of millions of lives, the guns on the Western Front fell silent. Although fighting continued elsewhere, the armistice between Germany and the Allies was the first step to ending World War I.
Why did the communes in New Mexico disappear after just a few years?
O A. Members moved on.
B. Hippies became farmers.
OC. State leaders kicked them out.
OD. Actors bought the communes.
The disappearance of the communes in New Mexico after just a few years can be attributed to ''Members moved on would be the most accurate choice''. So, the correct choice is option A.
During the countercultural movement of the 1960s and 1970s, many young people sought alternative lifestyles and communal living arrangements. Several communes were established in New Mexico during this time, with individuals coming together to create self-sustaining communities based on shared ideals, such as environmentalism, spirituality, or social equality.
However, the challenges of communal living, including economic difficulties, interpersonal conflicts, and the demanding nature of sustaining a self-sufficient lifestyle, often led members to reevaluate their commitment to the communes. Many individuals found it difficult to reconcile their idealistic visions with the realities of day-to-day living in a commune.
Additionally, as the countercultural movement waned and societal values shifted, some members felt the need to move on and pursue different paths in life. They sought stability, and career opportunities, or started families, which led to the gradual dispersal and dissolution of the communes.
While other options presented are not accurate explanations for the disappearance of the communes, it was primarily the voluntary decision of members to move on and pursue different life trajectories that resulted in the decline and eventual disappearance of the communes in New Mexico.
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Read Chapter 2, from the beginning to “Ferdinand Magellan: In Columbus’s Wake and Beyond,” on pages 210-215. Answer this question
1.Write what you learned next to each topic in the Word Bank below:
A: Vasco da Gama:
B: Pope Alexander VI:
C: 1498:
D. West Brazil:
E: King Manuel:
F: Line of Demarcation:
G: 1500:
H: East Indies:
I: Vitamin C:
J: Treaty of Tordesillas
K: King Ferdinand and Queen Isabella
L: Pedro Cabrá:
Vasco da Gama was a Portuguese explorer who established a direct sea route from Europe to India in 1497-1499, opening up the East Indies for trade and solidifying Portugal's dominance in the Indian Ocean. Pope Alexander VI, during his papacy from 1492 to 1503, issued the papal bull Inter caetera in 1493, dividing the newly discovered territories between Spain and Portugal, setting the stage for their exploration and colonization efforts. In 1498, Vasco da Gama successfully reached India, marking a significant milestone in the Age of Exploration. These figures and events played vital roles in the Age of Exploration, shaping the course of European expansion and establishing dominance in trade and colonization.
A: Vasco da Gama: Vasco da Gama was a Portuguese explorer who is known for being the first European to sail directly from Europe to India. His successful voyage in 1497-1499 opened up a sea route to the East Indies and established Portugal's dominance in the Indian Ocean trade.
B: Pope Alexander VI: Pope Alexander VI, born Rodrigo Borgia, was the pope from 1492 to 1503. He issued the papal bull Inter caetera in 1493, which divided the newly discovered territories outside Europe between Spain and Portugal, setting the stage for their colonization and exploration.
C: 1498: This refers to the year 1498, which was significant in the Age of Exploration. It was the year when Vasco da Gama reached India, establishing a direct sea route from Europe to the East.
F: Line of Demarcation: The Line of Demarcation was an imaginary line established by the Treaty of Tordesillas in 1494. It divided the newly discovered lands outside Europe between Spain and Portugal along a meridian, with territories to the east falling under Portugal's control and those to the west under Spain's control.
J: Treaty of Tordesillas: The Treaty of Tordesillas was signed in 1494 between Spain and Portugal, mediated by the Pope. It aimed to resolve conflicts over newly discovered lands by establishing the Line of Demarcation and dividing the world between the two countries.
K: King Ferdinand and Queen Isabella: King Ferdinand and Queen Isabella were the rulers of the united kingdoms of Castile and Aragon in Spain. They sponsored Christopher Columbus's voyages, which led to the European exploration and colonization of the Americas.
L: Pedro Cabral: Pedro Álvares Cabral was a Portuguese navigator and explorer. In 1500, he led an expedition to India but ended up discovering Brazil, claiming it for Portugal.
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Which of the following statements is true regarding the difference between credit cards and debit cards?
Responses
Consumers can use debit and credit cards the same way; however, payment to the business takes a few days if a credit card is used.
Consumers cannot use credit cards to pay for goods and services the same way they can use debit cards.
Debit cards incur interest charges with each purchase, and credit cards do not.
A credit card is actually currency loaned to a consumer to pay for things, and it must be paid back; debit cards deduct money directly from a bank account.
The true statement regarding the difference between credit cards and debit cards is Consumers can use debit and credit cards the same way; however, payment to the business takes a few days if a credit card is used.
The statement means that consumers can use both debit cards and credit cards to make purchases in a similar manner. They can be used for online or in-person transactions at businesses that accept card payments. However, there is a difference in how the payment is processed.
When a debit card is used for a transaction, the funds are immediately deducted from the consumer's bank account. The payment is processed electronically, and the funds are transferred to the business within a few days, typically clearing the payment quickly.
On the other hand, when a credit card is used, the payment is not directly deducted from the consumer's bank account. Instead, the credit card company covers the cost of the purchase, and the consumer becomes liable to repay the credit card company for the amount spent. The credit card company will then bill the consumer for the charges made on the card, usually on a monthly basis.
While the consumer can use both debit and credit cards to make purchases, the timing of payment to the business differs. With a debit card, the payment to the business is immediate, as the funds are deducted from the consumer's account. With a credit card, the payment to the business takes a few days as it goes through the credit card company's processing and billing cycle before the consumer is required to repay the amount spent.
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Use the excerpt from a letter from Malcolm X to answer the question.
This excerpt reflects which of the following strategies used in the civil rights
movement?
O A. non-violence
OB. physical force
O C. appeals to authority violence
OD. use of federal institutions
Answer:
add the excerpt to get an answer
What did you notice about the differences in the two opening statements? What appeals to voters did you read in the Republican statement? Who do you think the Democrats were trying to appeal to?
The two opening statements demonstrate a clear difference in the priorities and values of the Democratic and Republican parties. The Democrats emphasize investments in communities, healthcare, the environment, and inclusive economy, while the Republicans prioritize individual liberty, limited government, national defense and American dream.
The Republican statement appears to be appealing to voters who value individualism, small government, and a strong military presence, as well as those who prioritize economic opportunities and the American Dream. The emphasis on individual liberty and limited government suggests a desire to limit government intervention. The mention of strong national defense and jobs also appeals to those who prioritize national security and economic stability.
The Democratic statement appears to be appealing to voters who value investment in social programs, environmental protection, and economic equity. The emphasis on expanding healthcare, investing in communities, and creating an inclusive economy suggests a desire to promote social welfare and reduce economic inequality. The mention of protecting the environment also appeals to voters who prioritize environmental conservation.
---------The given question is incomplete, the complete question is:
'OPENING STATEMENTS:
Democrats: "We're the Democratic Party, and we believe in investing in communities, expanding healthcare, protecting the environment, and creating an inclusive economy."
Republicans: "We're the Republican Party, and we stand for individual liberty, limited government, strong national defense, jobs, and the American dream."
What did you notice about the differences in the two opening statements? What appeals to voters did you read in the Republican statement? Who do you think the Democrats were trying to appeal to?'----------
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Answer: I noticed that both speak to the change of the era, but the Republican statement focuses on how things were better 15 years earlier, and the Democratic statement focuses on changes moving forward. The last line of the Republican statement is an appeal to people who live in places other than the "inner city," people who were mostly White. I think the Democrats were trying to appeal to young people and show them that they could be part of those who "govern" and move the government in a new direction.
Explanation: sample answer
i need a answer on number 17
“What we’re developed as a form segregation (separate the races) in response to reconstruction?”
After the Reconstruction era in the United States, several forms of racial segregation emerged as a response to the social and political changes brought about by the Reconstruction period. One prominent form was Jim Crow segregation, which aimed to enforce racial separation and discrimination.
Jim Crow laws were implemented in the late 19th century and continued well into the 20th century. These laws mandated racial segregation in public facilities such as schools, transportation, restrooms, and even parks. The purpose of these laws was to maintain white supremacy and control over African Americans, limiting their rights and opportunities.
The development of segregation laws was driven by a combination of factors, including deep-rooted racism, the desire to preserve white power and privilege, and the belief in the false concept of racial superiority. These laws were reinforced by societal norms and attitudes that endorsed racial separation and perpetuated discriminatory practices.
The implementation of segregation had profound effects on African American communities, leading to systemic inequalities, limited access to resources and opportunities, and the perpetuation of racial prejudice. It took several decades of civil rights activism and legal challenges before segregation was gradually dismantled, culminating in landmark Supreme Court decisions such as Brown v. Board of Education in 1954.
Overall, the development of segregation laws as a response to Reconstruction reflected the persistence of racial discrimination and inequality in American society, imposing significant hardships on marginalized communities and delaying progress toward racial justice.
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What was the first step in the process of Washington becoming a state?
A. Writing a state constitution to protect the rights of its citizens
B. Petitioning the U.S. federal government to be admitted as a new state
C. Getting rid of discriminatory practices such as segregation and the reservation system
D. Resolving the U.S. federal government's disagreements over admitting new states
Answer: The correct answer is:
A. Writing a state constitution to protect the rights of its citizens
The first step in the process of Washington becoming a state was the writing of a state constitution. In 1889, a constitutional convention was held in Olympia, Washington, where a constitution was drafted for the new state. This constitution included provisions to protect the rights of citizens, such as the right to vote, freedom of speech, and the right to bear arms.
After the state constitution was written, it was submitted to the U.S. Congress for approval. Once Congress approved the constitution, Washington was admitted to the Union as the 42nd state on November 11, 1889.
Find the major centers for the trade of enslaved people on the map in the Student Text What role did these cities have in this trade?
New York City and Philadelphia were cities outside the slaves states that were involved in the slave trade.
New York benefited much from slavery and the slave trade: southern cotton and sugar sailed to Europe from its harbor. Banks, insurance companies among them Aetna, JP Morgan Chase, and New York Life and lawyers made a brisk business with slaveholders and slave ship owners. Traders and builders outfitted slave ships.
After the founding of Pennsylvania in 1682, Philadelphia became the region's main port for the import of enslaved people. Throughout the colony and state's history, most enslaved people lived in or near that city.
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A member of the Senate makes a statement to the press that she is unsure of how she is going to vote on a bill. After numerous calls from her constituents asking her to vote for the bill, she votes in support of the bill.
A member of the Senate makes a statement to the press that she is unsure of how she is going to vote on a bill. This is an example of republicanism.
Republicanism contends that a country is run as a republic, or that a country ought to be run as a republic where the head of state is chosen through non-hereditary means and protects the interests of both the country and the people who were elected to hold political office. In a word, representatives in a republic must serve the needs of the people they represent.
In the given question, a senator tells the media that she isn't sure how she would vote on a certain issue. Because the senator changed his mind about the bill he would reject because his voters expressed interest in that bill, this is an illustration of republicanism.
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Complete Question:
A member of the Senate makes a statement to the press that she is unsure of how she is going to vote on a bill. After numerous calls from her constituents asking her to vote for the bill, she votes in support of the bill. What is this an example of?
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Use the excerpt from the speech on the air traffic controllers strike to answer
the question.
Using the excerpt from Reagan's speech about air traffic controllers, answer
(a), (b), and (c).
a. In 1-2 sentences, explain is the primary purpose of this speech.
b. In 2-3 sentences, describe the rationale Reagan provides for his
proposed actions.
c. In 1-2 sentences, identify the ultimate outcome of the situation Reagan
describes in the speech.
The primary purpose of the excerpt from Reagan's speech is to address the air traffic controllers' strike and to inform the American people of the government's response to it.
Reagan provides the rationale for his proposed actions by emphasizing the importance of air transportation and the need to ensure its basic stability.
He argues that the striking controllers have violated the law and that their actions pose a threat to public safety, which justifies the government's firm response.
The ultimate outcome of the situation Reagan describes in the speech is that the striking air traffic controllers are given a 48-hour ultimatum to return to work or be terminated.
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Important life experience events of Mercy Coles.
One of the most thorough sources on the events leading up to Confederation is Mercy Coles' Reminiscences of Canada in 1864.
One of George Coles' daughters, Mercy Coles, served as Prince Edward Island's first premier. In Charlottetown, where Mercy Coles was raised, her father was a well-known distiller and maker before entering politics. She went to the Québec and Charlottetown Conferences with her parents. One of the most in-depth sources about the occasions before Confederation is her diary, Reminiscences of Canada in 1864.
The diary sheds light on the social politics of Canada in the middle of the 19th century by describing the Fathers of Confederation and their personalities.
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How the Nazi Germany (state) dealt with this undersirables ?(holocaust) table of content
Nazi Germany's treatment of "undesirables" during the Holocaust involved systematic genocide and mass murder, targeting millions of Jews and other marginalized groups.
Nazi Germany, under the rule of Adolf Hitler, implemented a systematic and brutal approach to deal with "undesirables," particularly targeting Jewish people during the Holocaust. The regime pursued a genocidal campaign that aimed to exterminate millions of Jews and other groups deemed undesirable, including Romani people, disabled individuals, political dissidents, and LGBTQ+ individuals.
The Nazis established concentration camps, where mass killings, forced labor, and horrific medical experiments took place. Jews were subjected to ghettos, deportation, and extermination through methods like mass shootings and gas chambers in extermination camps such as Auschwitz-Birkenau.
The regime propagated anti-Semitic propaganda, fostering hatred and dehumanization of Jewish people, leading to widespread discrimination, persecution, and ultimately, the systematic murder of approximately six million Jews, along with millions of other victims.
The Holocaust stands as one of history's most appalling atrocities, demonstrating the depths of human cruelty and the urgent need for remembrance, education, and vigilance against such horrors in the future.
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Identify the shape of the moon in this picture. (2 points)
a small amount of the sun illuminating off of a sliver of the moon
a
Crescent
b
Full circle
c
Half circle
d
Three quarters of a circle
In the given picture, a small amount of the sun is illuminating off of a sliver of the moon. Based on this information, the shape of the moon in the picture can be identified as a option A. crescent.
Crescent is the shape of the moon when it appears as a thin sliver of light on one side of the moon. It is shaped like a curved quarter-circle or less than half of a circle. It appears in the sky when the moon is in its first or last quarter phase. The shape of the moon changes based on its position in its orbit around the Earth and how much sunlight it reflects. The moon's phases include new moon, waxing crescent, first quarter, waxing gibbous, full moon, waning gibbous, third quarter, and waning crescent.
In conclusion, the shape of the moon in the given picture is a crescent, which appears as a thin sliver of light on one side of the moon. Therefore the correct option is a
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Which best describes an opportunity cost?
Answer:
Opportunity cost is the value of what you lose when you choose from two or more alternatives. It’s a core concept for both investing and life in general. When you invest, opportunity cost can be defined as the amount of money you might not earn by purchasing one asset instead of another.
Use the letter from Jackie Robinson to answer the question.
In the letter, Robinson is justifying the use of strategies that
OA. include violent action in the support of civil rights.
B. promote the gradual implementation of civil rights.
OC. provoke expedient action in the support of civil rights.
OD. can further encourage patience in achieving civil rights.
In order to advance civil rights, Robinson is defending the use of tactics that involve violent action. Therefore, option (A) is correct.
The word "civil rights" is a translation of the Latin jus civis, which means "right of the citizen." Even though Roman citizens had legal rights, they could either be free (libertas) or obedient (servitus).
Following the Edict of Milan in 313, these rights also included the right to freedom of religion; however, the Edict of Thessalonica in 380 mandated that all Roman Empire subjects profess Catholic Christianity.
While the Middle Ages saw the action disappearance of Roman legal doctrine, Christian doctrine continued to be the basis for claims of universal rights.
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What is the “floor” of the House and Senate chambers?
1. the place in each chamber where members of Congress vote on whether bills should be laws
2. the place in each chamber where members of Congress stand to talk to constituents
3. the place in each chamber where members of Congress give speeches about bills
4. the place in each chamber where members of Congress investigate the possible effects of a bill
Answer: 3. give speaches about bills
Explanation: they basically sit there and give speaches on bills <3
In what ways does Alexander show the historical oppression of African Americans from slavery to today’s New Jim Crow? Please explain with analysis. 200 words please
After reading the last chapters of the book, "Kite
Runner" answer the following questions:
1. What happens in the soccer field?
2. What happens to Amir in Chapter 22?
3. In chapter 23, what do we learn about Baba?
4. How does Soraya react to Amir's story in chapter
24?
5. How does the story end?( what happened in the soccer field in chapter 21
Answer:
1. As Amir and Farid travel north to his father's house, they see a dead body and a man selling his artificial leg.
2. Assef fights with Amir and hurts him badly, but Amir is saved by Sohrab who, like his father, uses a slingshot and incapacitates Assef. Amir and the boy escape with Farid.
3. In the letter, Rahim Khan admits that he knows all that had happened during the running of the kites. He also explains that Amir was a physical representation of Baba's guilt; that is, although Baba loved both Hassan and Amir — his two sons — he was unable to demonstrate openly his love for Hassan.
4. At the end of the story, Soraya says Amir must bring Sohrab back with him, and she is excited to meet him. Amir finally confesses his past to Soraya, as he should have done the day of their engagement when she told him the story of her past relationship.
5. Farid drives Amir to Baba's house. It is falling apart, but recognizable. Amir finds his bedroom window and remembers looking out of it to watch Ali and Hassan the morning they left. He goes up the hill to the pomegranate tree where he and Hassan used to play, but Farid tells him they should leave.
How did the Ming dynasty attempt to unify China after the fall of the Yuan
dynasty?
4
A. By ending the system of using written exams to select leaders
B. By promising that religion would not influence China's government
C. By promoting literature celebrating Chinese history
D. By requiring citizens to wear traditional Mongol clothing
SUBMIT
Option C - By promoting literature celebrating Chinese history is correct. The Ming Dynasty attempted to unify China by promoting literature celebrating Chinese history.
The Ming Dynasty was a ruling dynasty of China from 1368 to 1644. The Ming dynasty followed the collapse of the Mongol-led Yuan dynasty. The Ming dynasty sought to restore native Chinese rule and culture to China following centuries of foreign domination by Mongol and Manchu invaders. It was the third dynasty in Chinese history to be led by ethnic Han Chinese.
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About how long does it take for the moon to cycle through all its different observable shapes? (2 points)
a
A day
b
A month
c
A year
d
An hour
How is "How to Jump-Start a Car Battery" organized?
a 40
A. It's organized by specific topics and categories.
• B. Two concepts or ideas are compared.
O C. A solution is given for each problem.
• D. Each step from first to last is presented in order.
The correct option is D. "How to Jump-Start a Car Battery" is organized as: Each step from first to last is presented in order.
"How to Jump-Start a Car Battery" is organized by presenting each step from first to last in order. The article provides a systematic guide on how to jump-start a car battery, ensuring that readers can easily follow the process.
The organization follows a logical sequence, starting with the initial preparations and concluding with the final steps to successfully jump-start the car battery. Each step is presented in a clear and sequential manner, allowing readers to understand and implement the instructions effectively.
By presenting the steps in order, the article ensures that readers can follow along without confusion or ambiguity. It provides a structured approach to resolving the problem of a dead car battery.
Overall, the organization of "How to Jump-Start a Car Battery" focuses on providing a solution to the problem at hand by presenting the necessary steps in a logical and coherent manner, allowing readers to successfully jump-start their car batteries.
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D
Question 2
What war caused the British government to incur a large amount of debt and try to raise
taxes on its colonies?
O American Revolution
O French and Indian War
O World War I
O French Revolution
O
C
C
0
DO
2 pts
(4)
The war that caused the British government to incur a large amount of debt and try to raise taxes on its colonies is: B. French and Indian War.
What was the French and British War?British and French forces clashed over control of North America during the French and Indian War in the year 1754 to 1763 .
The country's debt increased significantly as a result of the British victory in the war and the British government made an effort to reduce the debt by boosting taxes on its colonies. As a result of the enormous objections this policy sparked in the American colonies the American Revolution eventually broke out.
Therefore the correct option is B.
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In which two states were people sold in Kentucky likely to be enslaved ? Write the state names here , and shade or outline them on your map.
The excerpt BEST exemplifies which of the following aspects of Reagan's
foreign policy?
O A. the search for new enemies after the end of the Cold War
B. the desire to limit outdated Cold War containment policies
O
C. the willingness to go beyond Cold War containment policies
D. the creation of new conflict based on outdated Cold War alliances
Go t
what was not true about the economy at the end of the world war ll
At the end of World War II, it is not true that the global economy was in a state of collapse or severe recession. Instead, the post-war period witnessed a significant economic recovery and growth, marked by the reconstruction of war-torn nations, increased industrial production, and the establishment of international economic institutions like the Bretton Woods system.
The Bretton Woods system was a global financial framework established in 1944 during a conference held in Bretton Woods, New Hampshire, USA. It aimed to promote economic stability and international trade after World War II.
Under this system, participating countries fixed their exchange rates to the U.S. dollar, which was pegged to gold. The International Monetary Fund (IMF) and the World Bank were also created to provide financial assistance and facilitate economic cooperation among member nations.
The Bretton Woods system played a significant role in shaping the post-war global economy until its collapse in the early 1970s.
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The historical election of President Obama and the rise of the Tea Party are clear examples of the polarization faced by Americans today. Using details and examples from Chapter 30, identify and explain the historical election of President Obama as well as the emergence of the Tea Party.
hi i need a answer on number 13
“What Act was the first of its kind because it was the first time Congress passed an act protecting African American?”
Answer:
Americanan Americans own a house
give an account of paleys analogical argument and accounts of three of Hume's four obejectives to the teleological argument. Give a brief account of the fine-tuning teleological argument. How do current scientific theories (e.g. exolution and multiverse) challenge the teleological argument?
Paley's analogical argument proposes a designer for the natural world. Hume objects to evil, limited analogy, and single-designer assumptions. The fine-tuning argument claims a designer, but evolution and multiverse challenge design.
According to Paley's analogy, the intricacy and orderliness of the natural world imply that a designer must have been involved, just as a watch suggests a watchmaker. Hume challenges the teleological argument, citing the issue of evil, the limitations of comparison, and the presumption of a sole designer.
The cosmos is said to be perfectly tuned to accommodate life, according to the fine-tuning teleological argument, which implies a creator. The teleological argument is opposed by scientific hypotheses that provide naturalistic explanations for the origins of the world and life, such as evolution and the multiverse. These views contend that a design's outward appearance could be deceptive.
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100 tickets are sold for $2 each. There is $100 prize and a $50 prize. What is the expected value for a person that buys a ticket?
Answer:
To calculate the expected value for a person that buys a ticket, we need to multiply the probability of each outcome by the payoff of that outcome and then add them up. The probability of winning the $100 prize is 1/100, since there is only one winning ticket out of 100. The probability of winning the $50 prize is also 1/100, since there is only one other winning ticket. The probability of losing is 98/100, since there are 98 tickets that do not win anything. The payoff of winning the $100 prize is $98, since we have to subtract the cost of the ticket ($2) from the prize. The payoff of winning the $50 prize is $48, for the same reason. The payoff of losing is -$2, since we lose the cost of the ticket. Therefore, the expected value for a person that buys a ticket is:
(1/100) * ($98) + (1/100) * ($48) + (98/100) * (-$2)
= $0.98 + $0.48 - $1.96
= -$0.50
This means that on average, a person that buys a ticket will lose $0.50 in this game.
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