A raffle has a grand prize of a European cruise valued at $10000 with a second prize of a Rocky Point vacation valued at $700. If each ticket costs $4 and 11000 tickets are sold, what are the expected winnings for a ticket buyer?

Answers

Answer 1

Answer:

- 3.027

Step-by-step explanation:

First price = 10000 ; second price = 700

Number of tickets sold = 11000

Ticket cost = $4

Probability that a ticket wins grand price = 1 / 11000

Probability that a ticket wins second price = 1 / 11000

X ____ 10000 _____ 700

P(x) ___ 1 / 11000 ___ 1/11000

Expected winning for a ticket buyer :

E(X) = Σx*p(x)

E(X) = (1/11000 * 10000) + (1/11000 * 700) - ticket cost

E(X) = 0.9090909 + 0.0636363 - 4

E(X) = - 3.0272728

E(X) = - 3.027


Related Questions

How many fourths are in 3 4 ?
O 4 Over 16
O One-half
O 3
O 4

Answers

Answer:

⭕ 3

hope it helps much

Assume that there is a 8​% rate of disk drive failure in a year. a. If all your computer data is stored on a hard disk drive with a copy stored on a second hard disk​ drive, what is the probability that during a​ year, you can avoid catastrophe with at least one working​ drive?

Answers

Answer:

0.9936 = 99.36% probability that during a​ year, you can avoid catastrophe with at least one working​ drive

Step-by-step explanation:

For each disk, there are only two possible outcomes. Either it works, or it does not. The probability of a disk working is independent of any other disk, which means that the binomial probability distribution is used to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

And p is the probability of X happening.

Assume that there is a 8​% rate of disk drive failure in a year.

So 100 - 8 = 92% probability of working, which means that [tex]p = 0.92[/tex]

Two disks are used:

This means that [tex]n = 2[/tex]

What is the probability that during a​ year, you can avoid catastrophe with at least one working​ drive?

This is:

[tex]P(X \geq 1) = 1 - P(X = 0)[/tex]

In which

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 0) = C_{2,0}.(0.92)^{0}.(0.08)^{2} = 0.0064[/tex]

[tex]P(X \geq 1) = 1 - P(X = 0) = 1 - 0.0064 = 0.9936[/tex]

0.9936 = 99.36% probability that during a​ year, you can avoid catastrophe with at least one working​ drive

Sketch the graph of each line.
7) 2x - y = -4

Answers

Answer:

check the attachment

Step-by-step explanation:

2x - y = - 4

- y = - 4 - 2x

y = 2x + 4

slope of the line = 2 with y - intercept 4

If the fixed cost is 9000 per year. Variable costs are estimated to be Tk. 60.75 / item. The firm wants to break even if 80 items are sold per year. What should be the unit price of the item?

Answers

9514 1404 393

Answer:

  Tk 173.25

Step-by-step explanation:

The firm will break even if its cost is equal to its revenue. That is, the price of each item sold must equal the cost of producing it. To cover the fixed cost, a share of it must be added to each of the items sold. Then the break-even price for 80 items is ...

  price = variable cost + share of fixed cost

  price = Tk 60.75 +9000/80 = Tk 60.75 +112.50 = Tk 173.25

Suppose that on the average, 7 students enrolled in a small liberal arts college have their automobiles stolen during the semester. What is the probability that less than 1 student will have his automobile stolen during the current semester

Answers

Answer:

[tex]P(x>1)=0.9927[/tex]

Step-by-step explanation:

From the question we are told that:

Mean [tex]\=x =7[/tex]

Generally the Poisson equation for \=x is mathematically given by

[tex]P(x>1)=1-P(x \leq 1)[/tex]

Therefor

[tex]P(x>1)=1-(\frac{e^{-7}*7^0}{0!}+{\frac{e^{-7}*7^1}{1!})[/tex]

[tex]P(x>1)=1-(9.1*10^{-4}+6.3*10^{-3})[/tex]

[tex]P(x>1)=1-(7.3*10^{-3}[/tex]

[tex]P(x>1)=0.9927[/tex]

Determine if each statement is always, sometimes, or never true.

Parallel lines are
coplanar.

Perpendicular lines are
coplanar.

Distance around an unmarked circle can
be measured

Answers

Answer:

1) Parallel lines are "ALWAYS"

coplanar.

2) Perpendicular lines ARE "ALWAYS"

coplanar.

3) Distance around an unmarked circle CAN "NEVER" be measured

Step-by-step explanation:

1) Coplanar means lines that lie in the same plane. Now, for a line to be parallel to another line, it must lie in the same plane as the other line otherwise it is no longer a parallel line. Thus, parallel lines are always Coplanar.

2) similar to point 1 above, perpendicular lines are Coplanar. This is because perpendicular lines intersect each other at right angles and it means they must exist in the same plane for that to happen. Thus, they are always Coplanar.

3) to have the distance, we need to have the circle marked out. Because it is from the marked out circle that we can measure radius, diameter and find other distances around the circle. Thus, distance around an unmarked circle can never be measured.

if triangle TAN has vertices T(0, 2), A(-1,3), and N(-2,-4), which of the following coordinates is N' of the dilation from the origin using the scale factor 3?

Answers

Answer:

(-6,-12)

Step-by-step explanation:

A dilation makes a figure gets bigger so just multiply 3 to point N to find N prime.

[tex] - 2 \times 3 = - 6[/tex]

[tex] - 4 \times 3 = - 12[/tex]

So our new coordinates is

(-6,-12)

Answer:

(-6,-12)

Step-by-step explanation:

A dilation makes a figure gets bigger so just multiply 3 to point N to find N prime.

So our new coordinates is

(-6,-12)

Step-by-step explanation:

How long will it take 500 dollars to double if it is invested at 7% interest compounded semi-annually

Answers

Answer:

11 half years

Step-by-step explanation:

The formula for compound interest is

A = P(1+r/n)^(nt), with r representing the interest rate, n being the number of times interest is applied over the time period, and t being the amount of time periods.

If we make the time period a half year (so interest is compounded once per time period), n=2. Then, our interest rate is 7%, or 0.07 (to convert from percent to decimal, simply divide by 100). Our starting amount is 500, and we want it to double, making it 1000. Our formula is thus

1000 = 500 (1+0.07)^(t)

divide both sides by 500

2 = (1+0.07)^(t)

2 = (1.07)^(t)

Using logarithms, we can say that

[tex]log_{1.07} 2 = t[/tex]

and using a calculator, we get

10.24 = t

Since interest is only compounded once per time period, though, we have to round up to make sure it doubles, so t = 11

Help! This is timed!

Answers

Answer: 5 ft i think so

Use the Pythagorean theorem

You work as an office assistant who does data entry for a large survey company. Data entry is performed in two-person teams: one person types and the other checks that person's work for errors. Each two-person team, on average, can enter the data of 520 surveys per day. A huge collection of 7,540 surveys will arrive tomorrow and must be entered by the end of the day. In order to enter all of the survey data, how many total employees, working in two-person teams, must work tomorrow?

Answers

Answer:

you just gave your self the answer because you just need to multiply

Step-by-step explanation:

15080 is the answer

The vector w = ai + bj is perpendicular to the line ax + by = c and parallel to the line bx - ay = c. It is also true that the acute angle between intersecting lines that do not cross at right angles is the same as the angle determined by vectors that are either normal to the lines or parallel to the lines. Use this information to find the acute angle between the lines below.
5x + 9y = 2, 7x + 2y = 1
The angle is _______ radians.
(Type an exact answer, using pi as needed)

Answers

Answer:

fgvilgiuhuikj

Step-by-step explanation:??????????????

Suppose that the IQ of a randomly selected student from a university is normal with mean 115 and standard deviation 25. Determine the interval of values that is centered at the mean and for which 50% of the students have IQ's in that interval.

Answers

Answer:

The interval is [98,132]

Step-by-step explanation:

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Normal with mean 115 and standard deviation 25.

This means that [tex]\mu = 115, \sigma = 25[/tex]

Determine the interval of values that is centered at the mean and for which 50% of the students have IQ's in that interval.

Between the 50 - (50/2) = 25th percentile and the 50 + (50/2) = 75th percentile.

25th percentile:

X when Z has a p-value of 0.25, so X when Z = -0.675.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]-0.675 = \frac{X - 115}{25}[/tex]

[tex]X - 115 = -0.675*25[/tex]

[tex]X = 98[/tex]

75th percentile:

X when Z has a p-value of 0.75, so X when Z = 0.675.

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]0.675 = \frac{X - 115}{25}[/tex]

[tex]X - 115 = 0.675*25[/tex]

[tex]X = 132[/tex]

The interval is [98,132]

3х + 2 +(-5)? I need help pls

Answers

Answer:

3x + 2 - 5

3x - 3

x = 3 ÷ 3

x = 1

I hope this helped!

Match the number of significant figures to the value or problem.
1
?
0.008
4
?
54
3
?
1002. 43.2
2
?
1.068

Answers

Answer:

answer is 1 2 3 and 4 respectively of given match the following

Convert the equation (y + 2) = –1/3(x – 4) to the point-slope form. Then fill in the blanks below to describe how to graph the equation. Plot the point _______, move _______ unit(s) down, and _______ unit(s) over to find the next point on the line.


A. (–2, 4), one, three


B. (4, –2), one, three


C. (2, 4), one, three


D.(4, –2), three, one

Answers

Answer:

A. (–2, 4), one, three

Step-by-step explanation:

For a linear equation:

y = a*x + b

the point-slope form is:

(y - y₁) = m*(x - x₁)

Where we know that this line has the slope m, and passes through the point (x₁, y₁)

In this case, the equation:

(y + 2) = –1/3(x – 4)

is already in the point-slope form.

here we have:

y₁ = -2

x₁ = 4

then the point is (-2, 4)

m = -(1/3)

m = -1/3 means that when we move 3 units to the right, we need to move one unit down. (or the inverse, we can move one unit down and 3 to the right)

So, to complete the statement we have:

plot the point (-2, 4),  move one unit down, and three units over to find the next point on the line.

The correct option is A.

Ted is not particularly creative. He uses the pickup line​ "If I could rearrange the​ alphabet, I'd put U and I​ together." The random variable x is the number of women Ted approaches before encountering one who reacts positively. Determine whether a probability distribution is given. If a probability distribution is​ given, find its mean and standard deviation. If a probability distribution is not​ given, identify the requirements that are not satisfied. Find the mean of the random variable x. Select the correct choice below​ and, if​ necessary, fill in the answer box to complete your choice.

Answers

Answer:

No, the sum of all the probabilities is not equal to 1.

Step-by-step explanation:

Given

[tex]\begin{array}{ccccc}x & {0} & {1} & {2} & {3} & {P(x)} & {0.001} & {0.007} & {0.033} & {0.059} \ \end{array}[/tex]

Required

Determine if the given parameter is a probability distribution

For a probability distribution to exist, the following must be true;

[tex]\sum P(x)=1[/tex]

So, we have:

[tex]\sum P(x) = 0.001 + 0.007 + 0.033 + 0.059[/tex]

[tex]\sum P(x) = 0.1[/tex]

Hence, it is not a probability distribution because the sum of all probabilities is not 1

When the Bucks play Chiefs at football, the probability that the Chiefs, on present form, will win is 0.56. In a competition, these teams are to play two more pgames. If Swallows beats Bucks in at least4one of these games, they will win the competition, otherwise Bucks will win the trophy. NB: Round off to 2 decimal places. a. The probability that Swallows will win the trophy is [a] probability that Rucks will win the trophy is

Answers

Answer:

The probability that Swallows will win the trophy is 0.8064

The probability that Rucks will win the trophy is 0.1936

Step-by-step explanation:

For each game, there are only two possible outcomes. Either the Swallows win, or they do not. The probability of them winning a game is independent of any other game, which means that the binomial probability distribution is used.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

And p is the probability of X happening.

Probability the Swallows wins is 0.56

This means that [tex]p = 0.56[/tex]

2 games:

This means that [tex]n = 2[/tex]

The probability that Swallows will win the trophy is

Probability they win at least one game, so:

[tex]P(X \geq 1) = 1 - P(X = 0)[/tex]

In which

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 0) = C_{2,0}.(0.56)^{0}.(0.44)^{2} = 0.1936[/tex]

Then

[tex]P(X \geq 1) = 1 - 0.1936 = 0.8064[/tex]

0.8064 = 80.64% probability the Swallows win the trophy and 0.1936 probability that the Rucks win the trophy.

Which value is in the domain of f(x)?
f(x) =
2x+5, |-6 < xso
- 2x + 3, 0 < x 34
N
-7
-6
5

Answers

9514 1404 393

Answer:

  4

Step-by-step explanation:

The function definition tells you its domain is ...

  -6 < x ≤ 4

Values -7, -6, and 5 are not in this domain.

Of the listed values, only 4 is in the domain.

Suppose that 70% of all voters prefer Candidate A. If 4 people are chosen at random for a poll, what is the probability that exactly 1 of them favor Candidate A?

Answers

Answer:

0.0756

Step-by-step explanation:

p(success), p = 70% = 0.7

Nunber of trials, n = 4

q = 1 - p = 1 - 0. 7 = 0.3

x = 1

The question meets the requirements of a binomial probability distribution :

P(x = x) = nCx * p^x * q^(n-x)

P(x = 1) = 4C1 * 0.7^1 * 0.3^(4-1)

P(x = 1) = 4C1 * 0.7 * 0.3^3

P(x = 1) = 4 * 0.7 * 0.027

P(x = 1) = 0.0756

Use quadratic regression to find the
equation for the parabola going
through these 3 points.
(-4, -33) (1, 2) (9, 162)
HELP PLZ

Answers

9514 1404 393

Answer:

  y = x^2 +10x -9

Step-by-step explanation:

Quadratic regression generally requires the use of "technology" to aid in finding the equation of the curve of best fit. Use the technology you've been introduced to.

__

When only a few data points are provided, I prefer to use the Desmos graphing calculator. It shows the equation to be ...

  y = x^2 +10x -9

If the bearing of A from B is 125.Find the bearing of B from A

Answers

Answer:

305°

Step-by-step explanation:

The bearing in the reverse direction is 180° plus the bearing in the forward direction, that is

bearing of B from A = 180° + 125° = 305°

PLEASE I NEED HELP!!!!!



Find the volume of this sphere.
Use 3 for TT.
L-r=3ft
V [?]ft3
V = Tr3

Answers

Answer:

113.1 =VOLUME , 4/3 X 3.14 (3) ^3 = 113.1

what are the following proof triangle LMN equals triangle OPQ

Answers

Answer:

D. SSS

Step-by-step explanation:

Was given to us that the corresponding sides are congruent so is SSS.

Side Side Side Theorem tells us that if am the sides of a triangle are having the same measurement with the corresponding sides of another triangle then the two triangles are congruent.

HELP BRAINLIEST?? ALL THE TUTORS ARE TAKEN

Answers

Answer:

The slope of the green line is 3

Step-by-step explanation:

The lines are perpendicular, so the slopes are negative inverses

-1/(-1/3)

3

Which are correct representations of the inequality -3(2x - 5) <5(2 - x)? Select two options.
Ox45)
0 - 6x - 5 < 10 - x
0 -6x + 15 < 10 - 5
E

-
3
5
2
-1
0
1
2
3

Answers

Answer:

45.9

Step-by-step explanation:

please help i am stuck on this assignment

Answers

Answer:

answer

x = -13/ 15, 0

Step-by-step explanation:

15x^2 + 13 x = 0

or, x(15x + 13) = 0

either, x = 0

or, 15x + 13 = 0

x = -13/15

Answer:

The answer should be C...............

imma sorry if I'm wrong

In a box of chocolates, 12 of the chocolates are wrapped in red foil. That is 30% of the chocolates in the box. How many chocolates are there?

Answers

Answer:

The answer is 40 chocolates in the box in total

Type the correct answer in each box. The volume of a cube is given by and the total surface area of a cube is given by , where s is the side length of the cube. If the side length of a cube is 5 inches , the volume of the cube is ____ cubic inches and its total surface area is ____ square inches.

Answers

Answer:

hope this will help you a lot

Express each ratio as a fraction in its lowest terms.
18 hours to 2 days​

Answers

Answer:

3/8.

Step-by-step explanation:

First convert days to hours:

2 days = 2 * 24 = 48 hours.

The greatest common factor of 18 and 48 = 6 so the required fraction is

18/48

= (18/6) / (48/6)

= 3/8.

Points A, B, C, and D lie on a line in that order. If AD/AC = 2/1 and AD/AB = 3/1, what is the value of AC/BD?

Answers

9514 1404 393

Answer:

  3/4

Step-by-step explanation:

It might be easier to start by expressing the ratios with AD as the denominator.

  AD/AC = 2/1   ⇒   AC/AD = 1/2

  AD/AB = 3/1   ⇒   AB/AD = 1/3

From the latter, we have ...

  (AD -AB)/AD = 1 -1/3 = 2/3 = BD/AD

Then the desired ratio is ...

  AC/BD = (AC/AD)/(BD/AD) = (1/2)/(2/3) = (3/6)/(4/6)

  AC/BD = 3/4

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