A raffle offers a first prize of ​$ and second prizes of ​$ each. One ticket costs ​$​, and tickets are sold. Find the expected payback for a person who buys 1 ticket. Is this a fair​ game?

Answers

Answer 1

The expected payback for a person who buys 1 ticket is 1.23. Yes, the game is fair.

Given that, A raffle offers a first prize of $500 and 3 second prizes of $80 each. One ticket costs $2, and 600 tickets are sold.

What is the probability?

The probability formula defines the likelihood of the happening of an event. It is the ratio of favourable outcomes to the total favourable outcomes. The probability formula can be expressed as, P(E)=Number of favourable outcomes/Total number of outcomes.

Now,

Expected value = sum of ( amount won ) × probability of winning

= expected value of 1st place + expected value of 2nd place + expected value of losing  

= (1/600) (500) + (3/600) (80) + (596/600) × 0

= 500/600 + 240/600  

= 740/600

= 740/600

= 1.23

Therefore, the expected payback for a person who buys 1 ticket is 1.23. Yes, the game is fair.

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"Your question is incomplete, probably the complete question/missing part is:"

A raffle offers a first prize of $500 and 3 second prizes of $80 each. One ticket costs $2, and 600 tickets are sold. Find the expected payback for a person who buys 1 ticket. Is this a fair game?


Related Questions

if 125% of a number is 750 what is 65% of the number

Answers

Answer:600

Step-by-step explanation:

We have, 125% * x = 750

Multiplying both sides by 100 and dividing both sides by 125

we have x = 750 * 100/125

you then get X=600

Answer:x=600

Step-by-step explanation: Multiplying both sides by 100 and dividing both sides by 125

Can't seem to understand this, please help!

Answers

The equations of each line are:

a. y = -3x + 3

b. y = -2/3x - 3

How to Write the Equation of a Line?

In slope-intercept form, the equation of a line is written as, y = mx + b, given that:

m is the slope valueb is the y-intercept value

Note: the slope values of parallel lines are the same.

a. The slope of y = -3x - 1 is, -3. The line that is parallel to it will have the same slope (m) of -3.

Substitute m = -3 and (x, y) = (2, -3) into y = mx + b to find b:

-3 = -3(2) + b

-3 = -6 + b

-3 + 6 = b

3 = b

b = 3

Substitute b = 3 and m = -3 into y = mx + b

y = -3x + 3

b. Rewrite 2x + 3y = 6 in the slope-intercept form

3y = -2x + 6

y = -2/3y + 2

The slope of y = -2/3y + 2 is, -2/3. The line that is parallel to it will have the same slope (m) of -2/3.

Substitute m = -2/3 and (x, y) = (0, 5) into y = mx + b to find b:

5 = -2/3(0) + b

-3 = 0 + b

-3 = b

b = -3

Substitute b = -3 and m = -2/3 into y = mx + b

y = -2/3x - 3

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The range for y=x2+9 is which of the following?

Answers

The range of a function y = x² + 9 is y ≥ 9

What is a  function?

A function is a mathematical expression rule or law that defines the relationship between one variable (dependent variable) and another (independent variable)

What is the range of a function?

The range of a function is the set of output values of that function.

What is the range of the given function y = x² + 9?

Given the function y = x² + 9, to find the range of the function, we need to find the values of y for which the function is valid.

Making y subject of the formula, we have

x = √(y - 9)

So, the function is valid for √(y - 9) ≥ 0

⇒ y - 9 ≥ 0

⇒ y ≥ 9

So, the range of a function is y ≥ 9

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PLEASE HELP
Simplify 4/5/10. Give the answer in simplest form.​

Answers

Answer:4

5

÷

10

Rewrite the division as a fraction.

4

5

10

Multiply the numerator by the reciprocal of the denominator.

4

5

1

10

Cancel the common factor of

2

.

Tap for more steps...

2

5

1

5

Multiply

2

5

by

1

5

.

2

5

5

Multiply

5

by

5

.

2

25

The result can be shown in multiple forms.

Exact Form:

2

25

Decimal Form:

0.08

Step-by-step explanation:

3+(-4)is-__units from 3 in the__direction

Answers

On a number line, 3 + (-4) is -1 units from 3 in the left direction.

What is a number line?

A number line can be defined as a type of graph with a graduated straight line which contains both positive and negative numerical values (integers) that are placed at equal intervals along its length.

This ultimately implies that, a number line can be used to represent all negative numerical values (integers) to the left of 0 and all positive numerical values (integers) to the right of 0

Evaluating, we have:

3 + (-4) = 3 - 4 = -1.

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One number is three less than a second number. Four times the first is 10 more than 6 times the second. Find the
numbers.
***

Answers

Step-by-step explanation:

x = y - 3

4x = 6y + 10

let's multiply the first equation by -4 and then add both equations :

-4x = -4y + 12

4x = 6y + 10

--------------------

0 = 2y + 22

2y + 22 = 0

2y = -22

y = -22/2 = -11

x = y - 3 = -11 - 3 = -14

help asap please! 100 points!

Answers

Answer: u have to subtract 78-32  and divide by 100

Step-by-step explanation:

Determine whether the relation is a function.
H={(6, - 2), (5,- 2), (4, -2), (3, - 2), (2, - 2)}

Answers

Yes,  the relation is a function.

What does the term "relation function" mean?

 In mathematics, a relation is a group of ordered pairs that expresses the relationship between two sets. In arithmetic, a relation is called a function if it connects each element of the domain to a single element of the codomain. A relation could be a function or it could not.

What is a relation simple definition?

A collection of ordered pairs having one item from each set makes up a relation between two sets. If the ordered pair (x,y) is present in the relation and the objects x and y come from different sets, then the objects are said to be connected. One kind of relation is a function.

H={(6, - 2), (5,- 2), (4, -2), (3, - 2), (2, - 2)}

In a function, an x value can never repeat.

This is basically the only rule (that I know of), so, the given values can represent a function.

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6. Nancy deposits $1,200 into an account that pays 1.7% interest,
compounded
monthly. What is her ending balance after 1 year? Round to the nearest cent.
A. $1220.56
B. $1420.65
C. $1350.75
D. $1250.35

Answers

Based on the amount deposited by Nancy into the account and the interest it paid, the ending balance after 1 year is $1,220.40

How to find the ending balance?

The ending balance of the amount that Nancy deposited which was $1,200 is based on the interest compounded on the amount over the investment year.

The ending balance can be found as:
= Amount deposited x ( 1 + rate) ^ number of years

Solving for the ending balance gives:
= 1,200 x (1 + 1.7%) ^ 1

= 1,200 x 1.017

= $1,220.40

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Tony buys a washing machine.
20% VAT is added to the price of the washing machine.
Tony then has to pay £480
What is the price of the washing machine with no VAT added?
Total marks: 2

Answers

Answer:

384

Step-by-step explanation:

480x20%=96

480-96=384

Simplify (c4)−5.
1 over c
c
1 over c raised to the twentieth power
−c20

Answers

The expression is simplified to 1 over c raised to the twentieth power. Option C

What are index forms?

The index form of a number can be defined as the number written as an exponential expression.

It is expressed as a single number raised to another number.

Another name for index form is standard form or scientific notation.

Index notation is also a way of representing variables or constants multiplied by themselves a number of times.

Example of index forms are:

From the information given, we have to simplify

(c^4)^−5

Using the rule of indices, we have to multiply the powers

c^-20

Thus, the expression is simplified to 1 over c raised to the twentieth power. Option C

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Answer:

1 over c raised to the twentieth power

Step-by-step explanation:

Write 762,508
in expanded form using exponents

Answers

It should be noted that writing 762,508 in expanded form using exponents will be 762,508 = 700000 + 60000 + 2000 + 500 + 8.

How to illustrate the information?

It should be noted that exponents simply means expanded notation. It's the way of writing to see the individual digits.

Therefore, writing 762,508 in expanded form using exponents will be:

762,508 = 700000 + 60000 + 2000 + 500 + 8

Therefore, it should be noted that writing 762,508 in expanded form using exponents will be 762,508 = 700000 + 60000 + 2000 + 500 + 8

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The length of a rectangle is four inches smaller than three times its width. Its perimiter is 144 inches. Find the width

Answers

The width of the rectangle, w, is: 19 inches.

What is the Perimeter of a Rectangle?

The perimeter of a rectangle is the sum of all its four sides which is calculated using the formula:

Perimeter = 2(length + width).

Given:

Perimeter = 144 inches

Width = w inches

Length = 3w - 4 inches

Thus:

2(3w - 4 + w) = 144

2(4w - 4) = 144

8w - 8 = 144

8w = 144 + 8

8w = 152

8w/8 = 152/8

w = 19

Thus, the width of the rectangle, w, is: 19 inches.

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James defines an angle as "a figure consisting of two rays." His statement is not precise enough because he should specify that

Answers

James defines that an angle is a figure consisting of two rays.

The statement of James is not precise enough because he should specify that the rays must be collinear.

The two rays coming from the same point will form collinear rays which will form an angle at the end point. The common end point is the vertex of the angle. And each ray will known as an arm of an angle.

From the figure, we can see that the vertex is the corner of the angle, i.e.,  O is the vertex in the given figure.

OA and OB are the two arms of the angle. The line OB is also known as reference line which is the line where an angle is drawn.

Also, the line OA will be considered as terminal line. Terminal line is the side up to which an angle measurement done.

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A dress was priced at 150 dollars. Each month, the price is reduced by 12 dollars. How much was the coat reduced in price after three months​

Answers

Answer:

Step-by-step explanation: the coat was reduced by 12 dollars for 3 months so take 12x3= 36. So the coat was reduced by 36 dollars.

Use the spinner below to find the probability of getting the following after 1 spin.
10
9
11
8
12 1
7 6
2
5
3
4
P(number> 11) | I
=
(Round to 4 decimal places)

Answers

The probability of getting no. less than 11  after 1 spin is  0.833 .

An experiment is a situation involving chance or probability that leads to results called outcomes.

An outcome is the result of a single trial of an experiment.

An event is one or more outcomes of an experiment.

Probability is the measure of how likely an event is.

P(A) = The Number Of Ways Event A Can Occur /(The total number Of Possible Outcomes).

The probability of an event depends on the number of favorable (occurrence of the desired event) outcomes in comparison to the total number of outcomes.

We define the probability of an event by dividing the favorable outcomes by the total number of outcomes, as shown below.

P = n(E) / n(S)

Where,

n(E) = The favorable number of outcomes

n(S) = The total outcomes

Given Data:

The spinner rotates 1 time

find the probability of getting P(number> 11) from numbers 1 to 12.

n(E) =  10

n(S) = 12

P(A) = 10 /12

p(A) = 5/6

p(A) = 0.8333..

Thus, the probability of getting no. less than 11  after 1 spin is  0.833

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manuel hace los 3/7 de la tarea mientras su compañero csarlos hace solamente los 4/5 de lo que hizo manuel. que parte de la tarea hizo carlos

Answers

The fraction is 12/35.

How to compute the fraction?

From the information, it was stated that Manuel does 3/7 of the task while Carlos did 4/5 of what Manuel did.

Therefore, the fraction that was done by Carlos will be:.

= 4/5 × 3/7

= 12/35

The fraction is 12 / 35.

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Explain how to use estimation to solve this problem

Answers

Answer:

If the debt of 24 trillion was equally divided by 300 million people, it's not really an estimation. You have an exact answer.

You would just divide it so each person owes $80,000

what to do with these points

Answers

Make questions so people can answer them. They will get the points.

I think they're for posting questions

what is the slope of the following line 3x+2y=300 ​

Answers

Answer: We have m = −3/2 as the slope and b = 150 as the y-intercept.

Step-by-step explanation:

Given data,

The slope of the following line 3x+2y=300

Define Slope :

Slope = (Change in height)/(Change in width) Or: Slope = rise/run. If y represents the vertical direction on a graph, and x represents the horizontal direction, then this formula becomes: Slope = (Change in y)/(Change in x)

The equation of a line presents the relationship between the components of a line in a certain coordinate system. To construct the equation of the line, we must take note of the parameters such as the slope, a point at which the line passes through, and the intercepts.

We solve for the slope, m, and the y-intercept, b, for the given line. We do this by rewriting the expression into the slope-intercept form,

                                y = mx + b

We proceed with isolating y in the given equation.

                                3x + 2y = 300

                                 2y = - 3x + 300

                                  y = (-3x + 300) / 2

                                  y = (-3/2) x + 300/2

                                  y = (-3/2) x + 150

Therefore, we have m = −3/2 as the slope and b = 150 as the y-intercept.

So, slope = -3/2

      b = 150

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The wholesale cost of a bicycle is $98.75. The markup for the bicycle is 33.3%. Find the selling price of the bicycle to the nearest cent.

Answers

The selling price of the bicycle in discuss upon addition of the mark-up which is 33.3% as described in the task content is; $131.63.

What is the selling price of the bicycle whose mark-up is as described in the task content?

The wholesale cost price of the bicycle in discuss is $98.75 as described in the task content while the markup for the bicycle is as given in the task content.

On this note, it follows that the selling price of the bicycle is the sum of its cost price and it's mark-up. Hence, we have;

Selling price = $98.75 + (33.3% of $98.75)

= $98.75 + (0.333 × $98.75)

= 98.75 + 32.88

= $131.63.

Ultimately, selling price of the bicycle in discuss upon addition of the mark-up which is 33.3% as described in the task content is; $131.63.

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You have decided to buy a new home and the bank offers you a 30 year fixed loan at 5.5% on a balance of $150,000. Use the table provided to determine the monthly payments. A 5-column table with 4 rows titled Monthly Payments per 1000 dollars of mortgage. Column 1 is labeled Interest Rate (percent) with entries 5, 5.5, 6, 6.5. Column 2 is labeled 10 Years with entries 10.61, 10.86, 11.11, 11.36. Column 3 is labeled 20 years with entries 6.60, 6.88, 7.17, 7.46. Column 4 is labeled 30 years with entries 5.37, 5.68, 6.00, 6.33. Column 5 is labeled 40 years with entries 4.83, 5.16, 5.51, 5.86. a. $416.67 c. $852.00 b. $439.00 d. $874.32

Answers

The monthly payment become $852. Thus , option C is correct option.

According to the statement

We have to find that the monthly repayment.

So, For this purpose, we know that the

The monthly payment is the amount paid per month to pay off the loan in the time period of the loan.

From the given information:

You have decided to buy a new home and the bank offers you a 30 year fixed loan at 5.5% on a balance of $150,000.

Then

we know that the:

Monthly payment = Amount / discount factor

And discount factor = 1-(1+i)^-n / i

Then

M = A*i/1-(1+i)^-n

Where, A=$150000

r=5.5%=0.055

i = 0.555/12

i = 0.004

And t = 30 year

n = 30*12

n = 360

Substitute all the values,

M = 150000*0.004/ 1-(1+0.004)^-360

M = 687.5 / 1-0.192

M = 687.5 / 0.80722

M = 851.7

Approximately, Monthly payment is $852.

So, The monthly payment become $852. Thus , option C is correct option.

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The length of a rectangle is 3 ft less than double the width, and the area of the rectangle is 44 A?. Find the dimensions of the rectangle.

Answers

The dimensions of the rectangle are 8 ft by 5.5 ft.

According to the statement,We have to find that the dimensions of the rectangles.

So, For this purpose, we know that the

A Rectangle may be a four sided-polygon, having all the interior angles adequate 90 degrees.

From the given information:The length of a rectangle is 3 ft but double the width, and therefore the area of the rectangle is 44.

Then

The formula for the world of a rectangle may well be a = L(length) × W(width)A = L × W

Plug in the information:A = 44, L = 2W - 3

b/c but means switch the order before subtracting, W = W

44 = (2W - 3)×W

44 = 2W² - 3W

And then

2W² - 3W - 44 = 0

so,

Factoring: (2W - 11)(W + 4) = 0

2W - 11 = 0 solves to W = 5.5

W + 4 = 0 solves to W = -4

So W = 5.5 and L = 2(5.5) - 3 = 8.

So, The dimensions of the rectangle are 8 ft by 5.5 ft.

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Three-tenths of the books in the school library are how-to books. Of these, 0.2 deal with carpentry and 0.4 deal with electronics. Interpret what the figure 0.12 represents in this context.(1 point)
Responses

the fraction of the books in the library that are how-to books on electronics

the fraction of books in the library that are how-to books on carpentry

the fraction of the how-to books that are about either carpentry or electronics

the fraction of books in the library that are how-to books

Answers

The figure 0.12 as given in the task content based on the given data can be interpreted as; the fraction of the books in the library that are how-to books on electronics.

What is the best interpretation of the figure 0.12 according to the information given in the task content?

It follows from the task content that the best interpretation of 0.12 is to be determined.

On this note, since three-tenths of the books in the school library are how-to books, and of those, 0.4 deal with electronics;

The statement above therefore means that the fraction of books which are how-to books and deal with carpentry can be evaluated as;

= (3/10) × 0.4

= 0.3 × 0.4

= 0.12.

Ultimately, The figure 0.12 as given in the task content based on the given data can be interpreted as; the fraction of the books in the library that are how-to books on electronics.

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Which one of the following probabilities is a cumula tive probability?()

A. The probability that there are exactly 4 pe ople with Type O+ blood in a sample of 10 peopl e.
B. The probability of exactly 3 heads in 6 flips of a coin.

C. The probability that the accumulated annual Yainfall in a certain city next yeay, younded t o the nearest inch, will be 18 inches.

D.The probability that a randomly selected wo man's height is 67 inches or less.

Answers

Which one of the following probabilities is a cumula tive probability?()

A. The probability that there are exactly 4 pe ople with Type O+ blood in a sample of 10 peopl e.

B. The probability of exactly 3 heads in 6 flips of a coin.

C. The probability that the accumulated annual Yainfall in a certain city next yeay, younded t o the nearest inch, will be 18 inches.

D.The probability that a randomly selected wo man's height is 67 inches or less

So,the correct option is -

D.The probability that a randomly selected wo man's height is 67 inches or less

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determine the area in square units

Answers

32. Find the area of the triangle and then subtract from the area of the total.

The sum of the speeds of two trains is
719.8 miles per hour. If the speed of the first train is
6.2 mph faster than the second​ train, find the speeds of each.

Answers

Taking into account the definition of a system of linear equations, the speed of the first train is 363 mph and the speed of the second train is 356.8 mph.

System of linear equations

A system of linear equations is a set of two or more equations of the first degree, in which two or more unknowns are related.

Solving a system of equations consists of finding the value of each unknown so that all the equations of the system are satisfied. In other words, the values ​​of the unknowns must be sought, with which when replacing, they must give the solution proposed in both equations.

Speed of each train

In this case, a system of linear equations must be proposed taking into account that:

"F" is the speed of the first train."S" is the speed of the second train.The sum of the speeds of two trains is 719.8 miles per hour. The speed of the first train is 6.2 mph faster than the second​ train.

So, the system of equations to be solved is

[tex]\left \{ {{F+S=719.8} \atop {F=S+6.2}} \right.[/tex]

It is decided to solve it using the substitution method, which consists of clearing one of the two variables in one of the equations of the system and substituting its value in the other equation.

In this case, substituting the second equation in the first one you get:

S + 6.2 + S= 719.8

Solving:

2S + 6.2= 719.8

2S= 719.8 - 6.2

2S= 713.6

S= 713.6÷ 2

S= 356.8

Remembering that F= S+ 6.2, then:

F= 356.8 + 6.2

F= 363

In summary, the speed of the first train is 363 mph and the speed of the second train is 356.8 mph.

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By using the knowledge acquired about proportional relationships, solve the following questions.
Does it represents a proportional relationship?
find the constant of proportionality (K=Y/X)
give the equation that represents the relationship (Y=K*X)

Answers

The relationships represent proportional relationships and the constant of proportionalities are 5/7 and 12

The graph

Does it represent a proportional relationship?

Yes, the graph represents a proportional relationship

This is so because the graph is a linear equation and it passes through the origin

How to find the constant of proportionality (K=Y/X)

On the graph, we have the following point

(X, Y) = (28, 20)

So, we have

K = 20/28

Evaluate

K = 5/7

How to determine the equation that represents the relationship (Y=K*X)

Here, we have

Y = K * X

This gives

Y = 5/7X

The table

Does it represent a proportional relationship?

Yes, the table represents a proportional relationship

This is so because the table is a linear equation and it has a value (0, 0)

How to find the constant of proportionality (K=Y/X)

On the graph, we have the following point

(X, Y) = (5, 60)

So, we have

K = 60/5

Evaluate

K = 12

How to determine the equation that represents the relationship (Y=K*X)

Here, we have

Y = K * X

This gives

Y = 12X

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Please help me understand the zero factor property with this problem. I understand the property when the equations have parentheses, but not when they don’t. I know the answer I just need help explaining! Thank you!

Answers

Two ways to do this! There are some more but these are the most intuitive.

Way 1:  Factoring

You can factor this equation into one with parentheses. A way I like thinking of doing this is by seeing if you can split the coefficient of the middle term into the sum of two numbers, which, when multiplied with each other, equal the third term.  To see what I mean, look at the equation you gave.

[tex]x^2 - 18x + 77 = 0[/tex]

[tex]x^2 - 7x - 11x + 77 = 0[/tex]

We notice that when -7 and -11 are multiplied, they equal 77. This means we can factor the equation! As follows:

[tex](x-7)(x-11)=0[/tex]

If you want to see why this works, cross-multiply out [tex](x-7)(x-11)[/tex]. You should see that it is equal to [tex]x^2 - 7x - 11x + 77[/tex].

From here, you should be able to see the solutions are [tex]x = 7, 11[/tex].

Way 2:  Complete the Square

We can do something like this:

[tex]x^2 - 18x + 77 = 0\\x^2 - 18x + 81 = 4\\(x-9)^2 = 4\\x-9 = \pm\sqrt{4}\\x = 9\pm 2\\x = 7, 11[/tex]

Essentially, what we are doing is we are adding / subtracting from both sides of the equation so the left side becomes a perfect square of some term [tex](x-a)[/tex].  From there, we can just solve for [tex]x[/tex].

Hope this helps you, please let me know if anything confuses you.

a man drove 14 miles directly east from his home made a left turn at an intersection and then traveled 7 miles due north to his place of work. If a road was made directly from his home, to his place of work what would its distance be

Answers

If a man drove 14 miles directly east from his home made a left turn at an intersection and then traveled 7 miles due north to his place of work. If a road was made directly from his home, to his place of work what would its distance be is: 15.65 miles.

Distance

            (Work)

                                      A

                                    /   ║

                             /          ║                              

                 

                      /                 ║ 7 miles

                 /                      ║  

(Home) B /___________║C

                    14 miles

Using Pythagorean theorem formula to determine the what the distance will be:

Hypotenuse²=√Perpendicular² +Base²

Let plug in the formula

Hypotenuse²=√7²+14²

Hypotenuse²=√49+196

Hypotenuse²=√245

=15.65 miles

Therefore If a man drove 14 miles directly east from his home made a left turn at an intersection and then traveled 7 miles due north to his place of work. If a road was made directly from his home, to his place of work what would its distance be is: 15.65 miles.

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