subject
Mathematics, 13.04.2020 02:29 hotsaucerman567

Use the following statement to answer parts a) and b). Two hundred raffle tickets are sold for $3 each. One prize of $500 is to be awarded. Winners do not have their ticket costs of $3 refunded to them. Raul purchases one ticket.
a) Determine his expected value.
b) Determine the fair price of a ticket.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
The equation of a circle is (x + 4)2 + (y + 6)2 = 16. determine the length of the radius. 10 4 16 8 my flower basket delivers flowers within a 20 mile radius of their store. if this area is represented graphically, with my flower basket located at (5, 2), what is the equation that represents the delivery area? (x - 2)2 + (y - 5)2 = 20 (x - 5)2 + (y - 2)2 = 20 (x + 5)2 + (y + 2)2 = 400 (x - 5)2 + (y - 2)2 = 400
Answers: 1
question
Mathematics, 21.06.2019 17:00
What is a graph with a never ending line called?
Answers: 1
question
Mathematics, 21.06.2019 17:00
Tiffany drives 285,120 feet before lunch and 628,320 feet after lunch. about how many kilometers does she drive all together
Answers: 1
question
Mathematics, 21.06.2019 17:00
Asailor is looking at a kite. if he is looking at the kite at an angle of elevation of 36and the distance from the boat to the point where the kite is directly overhead is 40 feet, how high is the kite?
Answers: 3
You know the right answer?
Use the following statement to answer parts a) and b). Two hundred raffle tickets are sold for $3 ea...
Questions
question
Mathematics, 27.03.2020 21:01
question
Social Studies, 27.03.2020 21:01
question
Geography, 27.03.2020 21:01
question
Mathematics, 27.03.2020 21:01