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e college student senate is sponsoring a spring break Caribbean cruise raffle. The proceeds are to be donated to the Samaritan Center for the Homeless. A local travel agency donated the cruise, valued at $2000. The udents sold 2816 raffle tickets at $5 per ticket. (a) Kevin bought forty-two tickets. What is the probability that Kevin will win the spring break cruise to the Caribbean? (Round your answer to five decimal places.) What is the probability that Kevin will not win the cruise? (Round your answer to five decimal places.) (b) Expected earnings can be found by multiplying the value of the cruise by the probability that Kevin will win. What are Kevin's expected earnings? (Round your answer to two decimal places.) $4 Is this more or less than the amount Kevin paid for the forty-two tickets? --Select-- v How much did Kevin effectively contribute to the Samaritan Center for the Homeless? (Round your answer to two decimal places.) $ |

e college student senate is sponsoring a spring break Caribbean cruise raffle. The proceeds are to be donated to the Samaritan Center for the Homeless. A local travel agency donated the cruise, valued at $2000. The udents sold 2816 raffle tickets at $5 per ticket. (a) Kevin bought forty-two tickets. What is the probability that Kevin will win the spring break cruise to the Caribbean? (Round your answer to five decimal places.) What is the probability that Kevin will not win the cruise? (Round your answer to five decimal places.) (b) Expected earnings can be found by multiplying the value of the cruise by the probability that Kevin will win. What are Kevin's expected earnings? (Round your answer to two decimal places.) $4 Is this more or less than the amount Kevin paid for the forty-two tickets? --Select-- v How much did Kevin effectively contribute to the Samaritan Center for the Homeless? (Round your answer to two decimal places.) $ |

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The college student senate is sponsoring a spring break Caribbean cruise raffle. The proceeds are to be donated to the Samaritan Center for the Homeless. A local travel agency donated the cruise, valued at $2000. The students sold 2816 raffle tickets at $5 per ticket. (a) Kevin bought forty-two tickets. What is the probability that Kevin will win the spring break cruise to the Caribbean? (Round your answer to five decimal places.) What is the probability that Kevin will not win the cruise? (Round your answer to five decimal places.) (b) Expected earnings can be found by multiplying the value of the cruise by the probability that Kevin will win. What are Kevin's expected earnings? (Round your answer to two decimal places.) Is this more or less than the amount Kevin paid for the forty-two tickets? |---Select-- v How much did Kevin effectively contribute to the Samaritan Center for the Homeless? (Round your answer to two decimal places.) $
Transcribed Image Text:The college student senate is sponsoring a spring break Caribbean cruise raffle. The proceeds are to be donated to the Samaritan Center for the Homeless. A local travel agency donated the cruise, valued at $2000. The students sold 2816 raffle tickets at $5 per ticket. (a) Kevin bought forty-two tickets. What is the probability that Kevin will win the spring break cruise to the Caribbean? (Round your answer to five decimal places.) What is the probability that Kevin will not win the cruise? (Round your answer to five decimal places.) (b) Expected earnings can be found by multiplying the value of the cruise by the probability that Kevin will win. What are Kevin's expected earnings? (Round your answer to two decimal places.) Is this more or less than the amount Kevin paid for the forty-two tickets? |---Select-- v How much did Kevin effectively contribute to the Samaritan Center for the Homeless? (Round your answer to two decimal places.) $
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