To raise funds for equipment for the upcoming Statistics Games, students on the Clayton State team are holding a fundraiser. They plan to sell 100 raffle tickets for $20 each. They are raffling off one (1) $500 prize, three (3) $100 prizes, and ten (10) $20 prizes. The table gives the probability distribution for the NET amount won. (Note: Net amount would be total amount won minus the cost to play) What value should be used in the place marked "A"? Note: Please see the picture below for the table of additional information.
To raise funds for equipment for the upcoming Statistics Games, students on the Clayton State team are holding a fundraiser. They plan to sell 100 raffle tickets for $20 each. They are raffling off one (1) $500 prize, three (3) $100 prizes, and ten (10) $20 prizes. The table gives the probability distribution for the NET amount won. (Note: Net amount would be total amount won minus the cost to play) What value should be used in the place marked "A"? Note: Please see the picture below for the table of additional information.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section4.2: Properties Of Division
Problem 7E
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To raise funds for equipment for the upcoming Statistics Games, students on the Clayton State team are holding a fundraiser. They plan to sell 100 raffle tickets for $20 each. They are raffling off one (1) $500 prize, three (3) $100 prizes, and ten (10) $20 prizes. The table gives the
Transcribed Image Text:$480
$80
A
B
P(x=X)
1/100
3/100
10/100
C
of 7
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