Answer:
Step-by-step explanation:
and a cash prize of $1000. You buy 1 ticket. What is the expected value of your
gain?
The expected value of buying one ticket in the fundraiser is calculated by multiplying the value of each prize by the probability of winning it and then summing the products. The expected value of a ticket is $5.5, which implies that an average gain or loss from buying a single ticket is $4.5 loss since each ticket cost $10.
The calculation of the expected value is straightforward and it involves multiplying the value of each possible outcome by its probability, and then adding these products together. So, let's start by identifying the outcomes:
Now we can calculate the expected amount you would get from buying 1 ticket:
(30000 * 1/8000) + (9000 * 1/8000) + (4000 * 1/8000) + (1000 * 1/8000) = $3.75 + $1.125 + $0.5 + $0.125 = $5.5
So the expected value of purchasing one ticket is $5.5. It's important to remember that this doesn't guarantee that you'll win because the actual result of buying one ticket is subject to chance.
#SPJ2
Answer:
11000
Step-by-step explanation:
Let's see -
Follow the directions below to get your answer -
0.75 × 68 = 51
51 + 68 = 119
So, 119 is your answer
68 increased by 75% is 119.
↑ ↑ ↑ Hope this helps! :D
change direction but are now perpendicular
no longer parallel because one line changed direction
no longer parallel because two lines changed direction
Answer:
the first one
Step-by-step explanation:
if you have a ladder with no steps and it is leaning on a wall it will be facing up if you carry that ladder sideways it will still be parrallel to the opposite poles
if this confuss you I will answer again