sakurablxssom sakurablxssom

08-06-2020
Mathematics

contestada

Please help! Correct answer only!
For a fundraiser, there is a raffle with 125 tickets. One ticket will win a $500 prize, and the rest will win nothing. If you have a ticket, what is the expected payoff?

$___

Please help Correct answer only For a fundraiser there is a raffle with 125 tickets One ticket will win a 500 prize and the rest will win nothing If you have a class=

Respuesta :

osikbro osikbro

08-06-2020

Answer:

$4

Step-by-step explanation:

Since for each of the 125 tickets there is an equal chance of winning the 500 dollars, for each ticket there is an expected payoff of 500/125=4 dollars. Hope this helps!

Answer Link

Otras preguntas

You are a doctor. An athlete comes to you with a torn ACL and asks you to give him a cast. Tell him why that is not the correct treatment for his injury.

If you lift a seven pound object 54 inches how many joules of energy did you use?

Angie drew a number line and labeled 0 and 1. To show 5/12, into how many parts should she divide the distance from 0 to 1?

13 points! Dawnie deposited $350 in a savings account earning 2% interest over 3 years. What was the total amount of interest earned at the end of 3 years?

some bacteria can change into a highly resistant form called

Which point is 7 units from (10, 6) on a coordinate plane? A. (3, 6) B. (–3, 6) C. (10, 1) D. (–3, –6)

through (-1,-4) parallel to y=-x -3 write the slope intercept form of the equation of the line described

Who was the author of The Prince? A. Federico Francesco B. Niccolo Machiavelli C. Cesare Borgia D. Baldassare Castiglione

Which personal pronoun agrees with the antecedent in this sentence? Everything in the store had __________ price reduced by 25 percent. A. his B. their C. i

Which of these writings was associated with the Transcendentalist movement? The last of the Mohicans "Nature" Uncle Tom's Cabin "The Ballad of Davy Crockett"