two thousand ticketa are sold at a raffle for a chance to win a gaming computer system worth $1800. the tickets are sold for $2 each. if a person buys only one ticket what is the expected value for that ticket?round to the nearest cent if necessary

Answers

Answer 1

Answer:

The expected value of the ticket is -$1.10

Step-by-step explanation:

Here, we want to find the expected value of the ticket sales

We start by calculating the probabilities

The probability that someone wins the system is 1/2000

The probability that a person loses the system is 1999/2000

So the expected value will be;

(1/2000 * 1,800) - (1999/2000 * 2)

= 0.9-1.999 = -1.099

To the nearest cent, this is -1.10


Related Questions

Evaluate the expression 3x + 2(y-4) when x = 10 and y = 7 (give answer as an integer

Answers

Answer:

36

Step-by-step explanation:

Given

3x + 2(y - 4) ← substitute x = 10 and y = 7 into the expression

= 3(10) + 2(7 - 4)

= 30 + 2(3)

= 30 + 6

= 36

f(x)=1/2x+3; Find f(8)

Answers

Answer:

7

Step-by-step explanation:

1/2(8)+3

4+3

f(8)=7

What is the equation on the line on this graph?

Answers

Answer:

y = 1

Step-by-step explanation:

Slope = 0 since it is a horizontal line.

y = mx + b is your slope intercept form.

m = slope

b = y-intercept

find b. in other words, when x = 0. We see that when x = 0, y = 1. Therefore, your b = 1.

put together your equation

y = mx + b

y = 0x + 1

therefore, y = 1 is your equation for the line on the graph

Given: PQ congruent to SR, PQR congruent to SRQ
Prove: PQR congruent to SRQ

Answers

Answer:

ΔPQR is congruent to ΔSRQ b the Side-Angle-Side rule of congruency   [tex]{}[/tex]    

Step-by-step explanation:

The two column proof is given as follows;

Statement    [tex]{}[/tex]                                         Reason

1. [tex]\overline {PQ}[/tex] ≅ [tex]\overline {SR}[/tex]      [tex]{}[/tex]                                      Given

2. ∠PQR ≅ ∠SRQ   [tex]{}[/tex]                               Given

3. [tex]\overline {QR}[/tex] ≅ [tex]\overline {QR}[/tex]      [tex]{}[/tex]                                     By reflexive property

4. ΔPQR ≅ ΔSRQ   [tex]{}[/tex]                               By SAS rule of congruency   [tex]{}[/tex]          

When two sides and an included angle of one triangle are congruent to the corresponding two side and an included angle of another triangle, both triangles are said to be congruent by the Side-Angle-Side SAS rule of congruency.

What is the solution for 5x-7 = 5x

Answers

There are no value of the x to make this equation true. There are basically no solutions.
Your welcome :)

Being Human, Inc., recently issued new securities to finance a new TV show. The project cost $35 million, and the company paid $2.2 million in flotation costs. In addition, the equity issued had a flotation cost of 7 percent of the amount raised, whereas the debt issued had a flotation cost of 3 percent of the amount raised. If the company issued new securities in the same proportion as its target capital structure, what is the company's target debt-equity ratio

Answers

Answer:

0.3727

Step-by-step explanation:

From the given information

Total costs = Project cost + Flotation cost

Total costs = $35,000,000 + $2,200,000

Total costs = $37,200,000

Amount raised × (1 – fT) = Amount needed after flotation costs

$37,200,000 × (1 – fT) = $35,000,000

1 - fT = $35,000,000 / $37,200,000

1 - fT = 0.9409

fT = 1 - 0.9409

fT = 0.0591

wD + wE = 1

wD = 1 - wE

where;

wD = weight of debt

wE = weight of equity

WAFC = (wD × Debt's fT) + (wE × Equity's fT)

0.0591 = (wD × 0.03) + ( (1 - wD) × 0.07)

0.0591 = [wD × 0.03) + 0.07 - (wD × 0.07)

0.0591 - 0.07 = -(wD × 0.04)

-0.0109 = - (wD × 0.04)

wD = -0.0109 / -0.04

wD = 0.2715

wE = 1 - wD

wE = 1 - 0.2715

wE = 0.7285

The debt-equity ratio = wD / wE

The debt-equity ratio = 0.2715 / 0.7285

The debt-equity ratio = 0.3727


Is 0.74 bigger or smaller than 3/4- ? Explain how you know.


Answers

Answer:

0.74 is smaller

Step-by-step explanation:

we know that 0.74 is smaller than 3/4 because if we made 3/4 int a decimal it would be 0.75, which is bigger than 0.74

Since 75% is greater than 74%, hence 0.74 is smaller than 3/4. This is determined by expressing them as percentages.

In order to determine whether  0.74 is bigger or smaller than 3/4, we will express them both as percentages as shown

0.74 as percentage will be 0.74 * 100 = 74%

For the given fraction 3/4;

= 3/4 * 100

= 300/4

= 75%

Since 75% is greater than 74%, hence 0.74 is smaller than 3/4. This is determined by expressing them as percentages.

Learn more here: https://brainly.com/question/24862040

can some one plzz help me??​

Answers

No, I think? Sorry, it’s been a while since I did one of thesr questions!

To solve the inequality x+y>2 , what step must be done

Answers

To solve for y, you must subtract x.

Find the value of x
1-79
2-65
3-86
4-72

Answers

Answer:

72°

Step-by-step explanation:

The measure of x is calculated by this formula

1/2×(difference of Intercepted Arcs)

1/2 × (252 - 108) = 72°

determine the type of triangle that is drawn below.
answer fast lol

Answers

Answer:

Isosceles Right

Step-by-step explanation:

The triangle has two sides with equal lengths, making it an isosceles triangle.

The triangle also has a 90° angle, making it a right triangle.

So, the triangle would be an isosceles right triangle.

Hope that helps.

if the change in y is 3 t and x is 1 what is the rate of change?

Answers

Answer:

the x axis changes

Step-by-step explanation:

help me with this please

Answers

Answer:

:-)

Step-by-step explanation:

my stomach hurts and i have to poop. i drink a monster energy drink and my stomach hurts

The measure of angle JKL can be represented using the expression 3x + 5. Point K has three lines extending from it. One line extends to point J, another to point M, and the other to point L. Angle J K M is 45 degrees. Angle M K L is x degrees. What is the degree measure of Angle JKL? °

Answers

Answer: The answer is 65

Step-by-step explanation:

Answer:

The Answer To Your Math Question Is 65

5(2a + 7) - 10(3a + 4)
Help me

Answers

5(2a + 7) -10(3a + 4)
10a + 35 - 30a -40
-20a -5
-20a/-20 -5/-20
a=0.25

please help, brainliest, thanks, five star

Answers

Answer:

2(3x + 4)

Step-by-step explanation:

2 x 3x = 6x and 2 x 4 = 8

Evan had 120 baseball cards. He gave 18 of them to his friend and the rest to his brother. What percent of the baseball cards did he give to his brother?

Answers

Answer:

85%

Step-by-step explanation:

Evan had 120 baseball cards. He gave 18 of them to his friend and the rest to his brother.

The number of baseball cards he gave to his brother is :

120 - 18 = 102 baseball cards

The percent of the baseball cards he gave to his brother is calculated as:

(Number of baseball cards given to his brother/ Total number of baseball cards) × 100

= 102/120 × 100

= 85%

The percent of baseball cards Evans gave his brother is 85%

Kimberly wrote a check for $58 to pay her monthly telephone bill, but when balancing her checkbook, she accidentally recorded it as a credit rather than as a debit. How will her check register compare to her monthly bank statement when she receives it? A. The balance in her check register will be $116 under the balance on her bank statement. B. The balance in her check register will be $58 under the balance on her bank statement. C. The balance in her check register will be $58 over the balance on her bank statement. D. The balance in her check register will be $116 over the balance on her bank statement.​

Answers

The correct Statement is C) The balance in her check register will be $58 over the balance on her bank statement.

What Is a Bank Statement?

A bank statement is a document (also known as an account statement) that is typically sent by the bank to the account holder every month, summarizing all the transactions of an account during the month. Bank statements contain bank account information, such as account numbers and a detailed list of deposits and withdrawals.

Given here: Kimberley accidentally recorded $58 bill in the credit section in her check register.

Thus the bank statement will read balance as $58 less than her register which accounted accidentally the bill in the credit section in instead of debit.

Hence, C) The balance in her check register will be $58 over the balance on her bank statement. is the final answer.

Learn more about Bank statement here:

https://brainly.com/question/22786262

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An elephant walks 500 meters in 48 seconds. What is the elephants velocity?

A) 10.4 m/s
B) 0.096 m/s
C) 24,000

Answers

Answer:

A

Step-by-step explanation:

500meters/48 seconds = 10.8m/s

Velocity = m/s, so divide meters you have by seconds you have

Answer:

A) 10.4 m/s Hope it helped

Step-by-step explanation:

Two sailboats are traveling along the same path away
from a dock, beginning from different locations at the
same time. John's boat begins 20 miles from the dock and
is 55 miles from the dock after 5 hours. The distance of
Roberta's boat from the dock is represented by the
function y= 6x + 10, where x represents time and y
represents the distance from the dock.
Which boat was farther from the dock at the beginning, and which traveled
more quickly?
O A. Roberta's boat was farther from the dock at the beginning, but
John's boat trzeled more quickly
B. John's boat was farther from the dock at the beginning, and it
traveled more quickly
C. Roberta's boat was farther from the dock at the beginning and it
traveled more quickly.
D. John's boat was farther from the dock at the beginning, but
Roberta's boat traveled more quickly.

Answers

Answer:

B. John's boat was farther from the dock at the beginning, and it

traveled more quickly

Step-by-step explanation:

l did the test

The boat was farther from the dock at the beginning, and which traveled more quickly is option is B John's boat was farther from the dock at the beginning and it traveled more quickly

What is distance?

Distance is a numerical measurement of how far apart objects or points

What is Speed?

The speed of an object is the magnitude of the rate of change of its position with time or the magnitude of the change of its position per unit of time

At beginning John's boat was 20 miles from dock

After 5 hours its was 55 miles form the dock

Speed of the boat = Distance / Time

Speed = [tex]\frac{55-20}{5}[/tex]= 7 miles per hour

Robert boat is represented by the function

y=6x+10

at starting x=0

y = 10 miles away from the dock

After 5 hours x=5

y = 6×5+10

y=40 miles away from the dock

Speed of the Robert's boat = [tex]\frac{40-10}{5}[/tex]

Speed = 6 miles per hour

Hence, The boat was farther from the dock at the beginning, and which traveled more quickly is option is B John's boat was farther from the dock at the beginning and it traveled more quickly

Learn more about distance and speed here

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determine if the triangles are similar. if so, give the scale factor

Answers

Answer:

B

Step-by-step explanation:

35 POINTS PLEASE HELP!!!!!! Describe the two types of transformations that occur between function f and function g. (Use words like up, down, left, right, compression or stretch in your answer.)

Answers

Answer:

wheres the picture??

Step-by-step explanation:

One – one function (Injective function)
Many – one function.
Onto – function (Surjective Function)
Into – function.
Polynomial function.
Linear Function.
Identical Function.
Quadratic Function.

write an equation in slope-intercept form of the line.

Answers

The points (0,2) and (8,0)
(0-2)/(8-0) = -2/8 = -1/4 (slope)
You can tell y intercept is 2
Equation: y = -1/4x + 2

PPPPLLLLZZZZZZ help and plz try

Answers

Answer:

Sorry but is it just me or I can't see a question or a photo?

Step-by-step explanation:

try to repost that question and I will help u :)

Slope = -1, y -intercept = 8

Answers

Answer:

y = - x + 8

Step-by-step explanation:

Assuming you require the equation.

The equation of a line in slope- intercept form is

y = mx + c ( m is the slope and c the y- intercept )

Here m = - 1 and c = 8 , thus

y = - x + 8 ← equation of line

y= -x+8 is the answers I got

please try and answer as soon as possible!!!

The tables show the location of four cities relative to sea level. Which city is closest to sea level

A -0.25
B 7/4
C -3/2
D 0.5

Please help!!! I will mark brainless if you answer soon :)

Answers

Answer:

-0.25 because it is closest to sea level which is 0 feet.

Step-by-step explanation:

Jerri paid $4.50 for 5 oranges. If p represents the cost, in dollars, and n represents the number of oranges purchased, which equation best represent this relationship?
A. p= 0.9n
B. p= 4.50n
C. p = 1.11n
D. p =22.5n

Answers

Answer:

B

Step-by-step explanation:

It’s B and have a good day?

What is the equation of the line that passes through the point (5,0)and has a slope of -1?

Answers

Answer:

y=-1x+5

Step-by-step explanation:

Tomas has $45.00 to purchase favors for a party. If the favors are $3.75 each, how many favors can Tomas buy?
favors

Answers

Answer: 12

Step-by-step explanation:

Answer:

12

Step-by-step explanation:

What is the value of log5 125?
O 3
O 5
O 15
O 25

Answers

Answer:

I think C sorry if im worng <3

Answer:

=3

Step-by-step explanation:

log5 125= log5 5^3 (125=5^3)

=3 log5 5. (logx^y=ylogx)

=3x1=3. (Loga a=1)

=3

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