In a lottery, 1000 tickets are sold at .25 each. there are 3 cash prizes: 100, 50, and 30. alice buys 5 tickets. what would be a fair price for a ticket

Answers

Answer 1

Final answer:

To determine a fair price for a lottery ticket, calculate the expected value by adding the product of the probabilities and outcomes of all prizes. In the given raffle scenario, the fair price would be $0.35, which is the expected value of a ticket.

Explanation:

The question pertains to the concept of expected value in probability, which is often used to determine a fair price for lottery tickets. Expected value is calculated by multiplying the probability of each outcome by the payout of that outcome and then summing these products. In a raffle with 250 prizes of $5, 50 prizes of $25, and 10 prizes of $100, with 10,000 tickets sold, we can calculate the expected value as follows:

Expected value from $5 prizes = (250 prizes * $5) / 10,000 tickets = $0.125

Expected value from $25 prizes = (50 prizes * $25) / 10,000 tickets = $0.125

Expected value from $100 prizes = (10 prizes * $100) / 10,000 tickets = $0.100

Adding these up, the expected value of a ticket is $0.125 + $0.125 + $0.100 = $0.35. Therefore, a fair price for a ticket would be $0.35 to break even.


Related Questions

Find the slope of the line passing through the two points.
(–7, 8), (–4, 3)

(12, 1), (36, 42)

Answers

Formula for slope: y2-y1/x2-x1
Plug in values. 
3-8/-4-(-7)= -5/3 = slope
42-1/36-12=41/24=slope

Find the range of the logarithmic function f(x) = log4 x.

Answers

all real numbers. the domain is all numbers grater than zero

If 1 card is drawn at random from a standard 52-card deck, what is the probability that the card drawn is a face card?

Answers

unlikely would be the answer

Which is true about the functional relationship shown below?

Answers

 i would say that its c.) the amount earned is a function of the number of hours worked because for each hour Olivia works, she earns $10.

-hope this helps

X+y+z=1
2x+4y+6z=2
-x+3y-5z=11

Answers

Final answer:

The question revolves around solving a system of three linear equations with three variables, using algebraic techniques such as substitution or elimination.

Explanation:

The system of equations provided can be solved using methods such as substitution, elimination, or matrix operations. The equations given are:

x + y + z = 1 2x + 4y + 6z = 2 -x + 3y - 5z = 11

To solve this system, we can perform operations such as eliminating one variable at a time or using matrices to find the values of x, y, and z that satisfy all three equations simultaneously.

Find the exact value of the following. Do NOT use labels in your answer and do NOT round your answer. -3(1.2)^2 =

Answers

Convert 1.2 to 6/5. Then multiply 6/5•^2= 36/25

Write and equation of the line that passes through the point (2,4) and is perpendicular tothe line hows equation is 3y-6x+3

Answers

First, you need to find the slope of this new line.
It is perpendicular to the given line, which means the slope of this line is the negative reciprocal of this given line, so we need to find out the slope of the equation 3y=6x+3 
divide each side by 3, you'll get y=2x+1, so we know the slope is 2, which is 2/1
the slope for the new line should be -1/2, the negative reciprocal of 1/2
Next, use point-slope format to write your equation. Your point is (2,4) and your slope is -1/2, so you have
(y-4)=-1/2(x-2)
If you want to simplify it: y-4=-1/2x+1 => y=(-1/2)x+5


Kiko is coasting on her bicycle down a hill. After 3 s, her speed is 10 m/s. After 8 s, her speed is 25 m/s. What is her acceleration during this time?

Answers

use formula : acceleration= final velocity- intial velocity ÷ time
a=(vf-vi)÷t
a=(25-10)÷(8-3)
a=15/5
a=3m/s^-2

Kiko is coasting on her bicycle down a hill. After 3 s, her speed is 10 m/s. After 8 s, her speed is 25 m/s. Her acceleration during this time will be  5 m/s².

What is acceleration?

Acceleration is the rate of change in both speed and direction of velocity over time. When anything moves faster or slower in a straight line, it is said to have been accelerated. Because the direction is always shifting, motion on a circle accelerates even while the speed is constant.

It is given that, Kiko is coasting on her bicycle down a hill. After 3 s, her speed is 10 m/s. After 8 s, her speed is 25 m/s.

Acceleration is found as the ratio of the change in speed to the change in a time interval.

Acceleration =  change in speed/ change in a time interval

Acceleration = (25-10) / (8-5)

Acceleration = (15)/(3)

Acceleration = 5 m/s²

Thus, Kiko is coasting on her bicycle down a hill. After 3 s, her speed is 10 m/s. After 8 s, her speed is 25 m/s. Her acceleration during this time will be  5 m/s².

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Find the remainder when f(x) is divided by (x - k).
f(x) = 4x3 - 5x2 + 2x + 11; k= 3

Answers

3]  4   -5   2   11
          12  21  69
----------------------
     4     7  23  80

80 would be the remainder
Another method would be to plug 3 into the equation for x
[tex]4(3)^{3}-5(3)^{2}+2(3)+11[/tex] = 4(27) - 5(9) + 6 + 11 = 108 - 45 + 6 + 11 = 63 + 6 + 11 = 80

Answer:

The remainder is 80

Step-by-step explanation:

Given the polynomial

[tex]f(x)=4x^3-5x^2+2x+11[/tex]

we have to find the remainder when the above polynomial f(x) is divided by x-3

By remainder theorem when we put x=3 in f(x) we get the remainder i.e f(3)

[tex]f(3)=4(3)^3-5(3)^2+2(3)+11[/tex]

[tex]=108-45+6+11[/tex]

[tex]=80[/tex]

which is required remainder.

Hence, the remainder is 80

PLEASE ANSWER! BRAINLIESTTTT

Why is it important to collaborate?

Discuss a project [either at home or at school] in which you have collaborated. Explain the benefits and drawbacks of working with someone else on collaboration projects.

Answers

My partner and I are building a business and home simultaneously. Collaboration on this project is vital to it's success. We began by discussing our visions and coming up with a common goal. Next we started collaborating on ideas for structure shapes and sizes. We are the two people who are doing most of the work. Collaboration is important here because we want to be efficient with our material use. Sometimes it takes extra time to understand the ideas and opinions from the other, but it is worth it when we both feel satisfied with the end result.

If the standard deviation of a population increases, what else must necessarily increase? (1 point)
the population's mean
the population's median
the population's mode
the population's variance

Answers

I believe the answer is A
A. The population's mean

One number is 3 less than twice another. If their sum is 39, find the numbers.
Which of the following systems of equations represents the word problem?

A) y=2x-3 and y=x+39
B) y=2x-3 and x+y=39
C) y=2(x-3) and x+y=39

Answers

Based on the given information, we know that x+y=39

Let "one number" be y
Let the other number be x
This would mean y=2x-3
2x="two times the other number"
-3= "three less"

The correct answer:
B) y=2x-3 and x+y=39
the answer to that is

B.y=2x-3 and x+y=39

Given the functions f(x) = 2x −1 and g(x) = 2x + 4, which operation results in the largest coefficient on the x term? addition subtraction multiplication two operations result in the same coefficient

Answers

First lets do the addition. f(x) + g(x)
f(x) + g(x)
2x-1 + 2x + 4
4x -1 + 4
4x + 3
Largest coefficient on x = 4

Second lets do the subtraction. f(x) - g(x)
f(x) - g(x)
(2x-1) - (2x+4)
2x - 2x - 1 - 4
-5
Largest coefficient on x = 0


Third lets do the multiplication. f(x) *g(x)
(2x-1) * (2x+4)
[tex]4x^2 + 8x - 2x - 4[/tex]
[tex]4x^2 + 6x - 4[/tex]
Largest coefficient on x = 6

Answer: Multiplication will result in the largest coefficient on the x term.


You deposit $2000 in an account that earns simple interest at an annual rate of 4%. How long must you leave the money in the account to earn $500 in interest?

Answers

To earn $500 in interest at a 4% annual rate, you need to leave $2000 in the account for approximately 6.25 years.

The formula for simple interest is given by:

[tex]\[ I = P \times r \times t \][/tex]

Where:

- I is the interest earned,

- P is the principal amount (initial deposit),

- r is the annual interest rate (expressed as a decimal), and

- t is the time the money is invested or borrowed in years.

In this case, you want to find t, so rearrange the formula to solve for t:

[tex]\[ t = \frac{I}{P \times r} \][/tex]

Given that P = $2000, r = 0.04 (4% as a decimal), and I = $500, plug these values into the formula:

[tex]\[ t = \frac{500}{2000 \times 0.04} \][/tex]

Calculate the result to find out how long you must leave the money in the account to earn $500 in interest.

[tex]\[ t = \frac{500}{2000 \times 0.04} \]\[ t = \frac{500}{80} \]\[ t = 6.25 \][/tex]

Therefore, you must leave the money in the account for approximately 6.25 years to earn $500 in interest at a simple annual rate of 4%.

BRIANLIEST ~
Part A: Amir rented a scooter at $43 for 3 hours. If he rents the same scooter for 8 hours, he has to pay a total rent of $113.

Write an equation in the standard form to represent the total rent (y) that Amir has to pay for renting the scooter for x hours. (4 points)

Part B: Write the equation obtained in Part A using function notation. (2 points)

Part C: Describe the steps to graph the equation obtained above on the coordinate axes. Mention the labels on the axes and the intervals. (4 points)


Answers

Part A

x = number of hours the scooter is rented
y = total rent (in dollars)

"Amir rented a scooter at $43 for 3 hours" means x = 3 and y = 43 giving the point (3,43)

"he rents the same scooter for 8 hours, he has to pay a total rent of $113" means x = 8 pairs up with y = 113. The second point is (8,113)

The two points (3,43) and (8,113) can be used to find the slope
m = (y2 - y1)/(x2 - x1)
m = (113 - 43)/(8 - 3)
m = (70)/(5)
m = 14

The slope of 14 tells us that it costs $14 per hour to rent the scooter

If we simply consider the hourly cost of $14 per hour (and no additional fees), then the cost break down would look like this:
1 hour costs Amir $14
2 hours costs Amir $28 (2*14 = 28)
3 hours costs Amir $42 (3*14 = 42)

If we don't have any fixed costs, then it would cost Amir $42 total to rent the scooter for 3 hours. But it says the cost is actually 43 dollars. So the fixed cost, the y intercept, must be 1 dollar. Think of the $1 as the fee that Amir pays to get into the park or maybe as some kind of insurance. This fixed fee is not dependent on the number of hours Amir rents the scooter.

In other words, if m = 14, x = 3 and y = 43, then
y = mx+b
43 = 14*3+b
43 = 42+b
b = 1

Making the equation to be y = 14x+1

Answer: y = 14x+1

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

Part B

All we do here is go from y = 14x+1 to f(x) = 14x+1. We simply replace y with f(x) to get it into function notation.

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

Part C

The y intercept is 1 as this is the value of b in y = mx+b. Compare this to y = 14x+1.

Another way to look at this is that if we plug in x = 0 into y = 14x+1, we get y = 1. So the point (0,1) is on the function. This is where the graph crosses the y axis.

Starting at (0,1) go up 14 units and then to the right 1 unit. You'll arrive at (1,15) as the next point on this graph. Draw a straight line through (0,1) and (1,15) to complete the graph of y = 14x+1

You should have "number of hours" along the x axis and "cost (in dollars)" along the y axis for your proper labels. As for intervals, I would increment x by 1 each time (0, 1, 2, 3, ...) and increment y by 2 at the smallest or 5 at the largest. It will depend on your preference really.

A cube has a surface area of 900 cm what is the number of cubic cm in the volume of the cube

Answers

SA = 900cm^2
SA = 6×(s^2), where "s" is one side or edge of each square surface face
900 = 6s^2
150 = s^2
[tex] \sqrt{150} = \sqrt{ {s}^{2} } [/tex]
[tex] \sqrt{25} \times \sqrt{6} = s[/tex]
[tex]5 \sqrt{6} = s[/tex]
So each side is
[tex]5 \sqrt{6} \: cm \: long[/tex]
The volume (V) of a cube is:
[tex]v = {s}^{3} = (5\sqrt{6})^{3} = {12.247}^{3} \\ = 1837 \: {cm}^{2} [/tex]

Describe which of the two points lies on the graph of the line
-4x+y=-11
A.3,1
B.1,3

Answers

-4x + y = -11

-4(3) + (1) = -11

-12 + 1 = -11

-11 = -11 True

A) 3,1
hope this helps

Daniel mows lawns on the weekend. He graphed his earnings below. What is the rate he charges to mow? A. $15.00 per lawn B. $7.50 per lawn C. $60.00 per lawn D. $1.50 per lawn

Answers

Final answer:

To determine Daniel's rate per lawn mowing, we would need to divide his total earnings by the total number of lawns mowed. The answer can also be found by evaluating the slope of a graph with earnings on the y-axis and lawns mowed on the x-axis as the slope would represent his earnings per mow.

Explanation:

Without the graph provided, we can't determine the exact answer to this problem. However, conceptually, Daniel's rate per lawn would be calculated by dividing the total amount he earned by the total number of lawns he mowed. For example, if he earned $60 from mowing 4 lawns, his rate would be $15 per lawn.

To find the answer using a graph, you would need to evaluate the slope of the line if the y-axis represents earnings and the x-axis represents lawns mowed. The slope of the line provides the rate, which is Daniel's earnings per mow.

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Consider the function f(x) = (x − 3)2(x + 2)2(x − 1).


The zero ______? has a multiplicity of 1.

The zero −2 has a multiplicity of________? .

Answers

we have

[tex]f(x)=(x-3)^{2}(x+2)^{2}(x-1)[/tex]

we know that

The zero of the function is  the value of x when the value of the function is equal to zero

[tex]f(x)=(x-3)^{2}(x+2)^{2}(x-1)[/tex]

rewrite the function

[tex]f(x)=(x-3)(x-3)(x+2)(x+2)(x-1)[/tex]

The zero's of the function are

[tex]x=3\ x=3\ x=-2\ x=-2\ x=1[/tex]

so

[tex]x=3[/tex] ------> has a multiplicity of [tex]2[/tex]

[tex]x=-2[/tex] ------> has a multiplicity of [tex]2[/tex]

[tex]x=1[/tex] ------> has a multiplicity of [tex]1[/tex]

therefore

the answer is

The zero [tex]1[/tex] has a multiplicity of [tex]1[/tex]

The zero [tex]-2[/tex] has a multiplicity of [tex]2[/tex]

From the given function, f(x) = (x − 3)2(x + 2)2(x − 1);

The zero 1 has a multiplicity of 1.The zero −2 has a multiplicity of 2

Zeros of a function

The function f(x) = (x − 3)²(x + 2)²(x − 1) given can be expanded so that we have;

f(x) = (x − 3)(x-3)(x + 2)(x+2)(x − 1)

Hence, the zeros of the function f(x) are;

x = 3, 3, -2, -2, 1

We can conclude that the zero 1 has a multiplicity of 1 and the zero -2 has a multiplicity of 2.

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The graph of f(x) = 2x3 – 19x2 + 57x – 54 is shown below. How many roots of f(x) are rational numbers

Answers

The root of the function is such point [tex]x_0,[/tex] for which [tex]f(x_0)=0.[/tex]

The attached graph of the function  [tex]f(x) = 2x^3 - 19x^2 + 57x - 54[/tex] shows, that the graph of the function intersects the x-axis in three points (2,0), (3,0) and (4.5,0).

This means that for

x=2, f(2)=0;x=3, f(3)=0;x=4.5, f(4.5).

Thus, x=2, x=3 and x=4.5 are rational roots of the polynomial function f(x).

Answer: three rational roots.

The polynomial function f(x) = 2x^3 - 19x^2 + 57x - 54 has three rational roots at x=2, x=3, and x=4.5, as confirmed by the graph intersecting the x-axis at these points.

The graph of the function f(x) = 2x^3 - 19x^2 + 57x - 54 intersects the x-axis at three points: (2,0), (3,0), and (4.5,0). This implies that x=2, x=3, and x=4.5 are the roots of the polynomial function.

Since these values are rational, the function has three rational roots. Rational roots occur when the function evaluates to zero for specific rational input values.

In this case, f(2) = 0, f(3) = 0, and f(4.5) = 0. The graph crossing the x-axis at these points confirms their status as roots. The polynomial f(x) has three rational roots, which are x = 2, x = 3, and x = 4.5.


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The sum of two numbers is 35. Three times the larger number is the same as 4 times the smaller number. Find the smaller number
(HINT. Let x= larger number; 35- x= smaller number

Answers

If 35-x is the smaller number and x is the larger number, we can take that 3*x=4*(35-x)=140-4x. Subtracting 3x from both sides, we get 140-7x=0. Adding 7x to both sides, we get 140=7x. Lastly, we can divide both sides by 7 to get x=20

Why does a horizontal line have a slope of 0, but a vertical line has anundened slope?

Answers

The slope of a line is defined as the rate of change on the vertical axis, divided by the rate of change on the horizontal axis, Δy/Δx. So for a horizontal line, the rate of change on the y axis is zero, this means that it's slope will be 0/Δx and for vertical line, x-axis does not change, which make the denominator 0 Δy/0.

truck was caught in a haistorm that left his truck body damaged and his paint ob ruined Ned is fully insured through hi insurance company Which of the following components of Ned's insurance policy will take care of the damage done to Ned's truck during the hailstorm? a, bodily injury b. property damage c. collision d. comprehensive damage

Answers

Answer D
It was damage not caused by another vehicle, but by weather.

Since Ned's truck suffered body damage due to a hailstorm, the components of Ned's insurance policy will take care of the damage done to Ned's truck during the hailstorm is comprehensive damage.

What is comprehensive car insurance coverage?

A comprehensive coverage is an insurance policy which covers the cost of damages to a vehicle which has been involved in an accident that is not caused by a collision.

Comprehensive insurance covers losses such as:

theft,vandalism,hail, etc.

Therefore, the components of Ned's insurance policy will take care of the damage done to Ned's truck during the hailstorm is comprehensive damage.

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Melanie made 72 peanut butter cookies and oatmeal cookies. She wants to make identical groups of cookies for her friends. Each group will be as large as possible, and she will use all of the cookies. How many cookies will each friend receive? Explain. Please help me

Answers

This depends on how many friends she has. Like if she has 72 friends each will get one of each, but if she has 3 friends than each will get 24 on each. Do you know how many friends she has?

Identify the property that justifies the following statement: if 16m=160,then m=10

Answers

Division Property of Equality


16m = 160

 divide both sides by 16 to find m

m = 160/16 = 10

Answer:

Property of equality for division.

Step-by-step explanation:

The given expression is

[tex]16m=160[/tex]

So, we use one of the properties of equalities for division, which states that if we divide one side of the equation, we also must divide the other side by the same number, to not mess up the balance of the equation. Applying this property, we have

[tex]\frac{16m}{16}=\frac{160}{16}\\ m=10[/tex]

The measure of an angle is 9°. what is the measure of a complementary angle?

Answers

complementary angles sum upto 90°
so the complement of 9° = 81°

If two angles are complementary, then they total 90o. converse: inverse: contrapositive:

Answers

Inverse: if two angles are not complementary, then they do not equal 90

Converse:If two angles equal 90, then they are complementary

contrapositive: If two angles do not equal 90, then they are not complementary

What is an angle that is complementary to angle dge

Answers

Angle EGF and DGE are complementary because if added together, they will form a 90°.
What that guy said is right

Would x + x + x +x be 4 or 4x?

Answers

x+x+x+x would just be 4x because there are 4 x's

Answer:

x+x+x+x = 4x.

Step-by-step explanation:

x + x + x + x can represent 4x since there are 4 x’s. Those 4 x’s represent x being multiplied by 4, since there are 4 x’s.

Therefore, your answer is 4x.

Find mCE

A. 40 DEGREES
B. 50 DEGREES
C. 75 DEGREES
D. 80 DEGREES

Answers

b. 50 degrees hope this helps
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