lisa plays a game in which there are only two outcomes. the cost to play the game is 100$. if she wins she recieves 500$. the proobability of winning is 20%. what is the expected value for winning a single game on average
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Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
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Q: lisa plays a game in which there are only two outcomes. the cost to play the game is 100$. if she…
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Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
A: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
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Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
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Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
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Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
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Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
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Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
A: The probability distribution based on the given information is as follows:
Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
A: We have to find expected value.
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Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
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Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
A: Given information- We have given that the student council is hosting a drawing to raise money for…
Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
A: Given: The student council is hosting a drawing to raise money for scholarships. Cost of one ticket…
Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
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Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
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Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
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Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
A: There are 700 tickets, where price of each ticket is $6.
Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
A: Given problem Given that The student council is hosting a drawing to raise money for…
Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…
A: Expected value: The expected value of a random variable is the sum of the possible values that the…
lisa plays a game in which there are only two outcomes. the cost to play the game is 100$. if she wins she recieves 500$. the proobability of winning is 20%. what is the
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- The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $5 each and will sell 900 tickets. There is one $2,000 grand prize, four $200 second prizes, and fifteen $10 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent. $A booth at the school carnival prepared 30 grab bags offered for sale for $3.00 a bag. Ten bags contain merchandise worth $1.00. Eight bags contain merchandise worth $2.00, and twelve bags contain merchandise worth $3.00. You purchase one bag. What is your expected gain or loss?One thousand tickets are sold at P150 each for a color television valued at P54,000. What is the expected value of the gain if you purchase one ticket?
- The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $6 each and will sell 900 tickets. There is one $1,000 grand prize, three $500 second prizes, and fifteen $30 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent. Question Help: Written Example > Next Question %23 44 F1 19 23 14 F6 F7 F10 %23 24 &. 2 4. 8. 9. Q Y U A S D K Z V M option command .. •- JI B w/The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $7 each and will sell 600 tickets. There is one $1,000 grand prize, three $200 second prizes, and thirteen $10 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent. $The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $10 each and will sell 800 tickets. There is one $2,000 grand prize, three $400 second prizes, and sixteen $20 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent. $ 5.6 Hint: Hint
- The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $9 each and will sell 600 tickets. There is one $1,000 grand prize, three $400 second prizes, and seventeen $30 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $8 each and will sell 500 tickets. There is one $3,000 grand prize, three $300 second prizes, and sixteen $40 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent. $4Suppose 10% of all redeemed coupons at a supermarket are for 50% off the item purchased. A simulation is used to model a coupon randomly selected and then recorded as 50% off or not 50% off. Which simulation best models the scenario? Place 40 equally sized pieces of paper in a hat. Of the 40, 4 read "50% off" and the rest read "not 50% off ". O Place 30 equally sized pieces of paper in a hat. Of the 30, 6 read "50% off" and the rest read "not 50% off ". O Place 80 equally sized pieces of paper in a hat. Of the 80, 10 read "50% off" and the rest read "not 50% off ". O Place 50 equally sized pieces of paper in a hat. Of the 50, 10 read "50% off" and the rest read "not 50% off ".
- The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $5 each and will sell 600 tickets. There is one $3,000 grand prize, four $400 second prizes, and eighteen $30 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $9 each and will sell 600 tickets. There is one $1,000 grand prize, three $400 second prizes, and eleven $40 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $10 each and will sell 500 tickets. There is one $2,000 grand prize, three $400 second prizes, and fifteen $30 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.
