Find the expected value.Suppose that 1,000 tickets are sold for a raffle that has the following prizes: one $300 prize, two $100 prizes, and one hundred $1 prizes. What is expected value of a ticket?
A. $300
B. $0.60
C. $1
D. $100
Answer: B
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Solve the problem.The list price of a car is $13,703. The manufacturer offers a rebate of $647. What is the final price of the car?
A. $14,350 B. $12,956 C. $13,056 D. $14,250
Solve the problem.A cashier has a total of 132 bills, made up of fives and tens. The total value of the money is $890. How many ten-dollar bills does the cashier have?
A. 23 B. 69 C. 86 D. 46
Determine the size of the sample space for the experiment described.A box contains 10 red cards numbered 1 through 10. State the number of elements in the sample space of picking one card from the box.
A. n(S) = 100 B. n(S) = 10 C. None of these D. n(S) = 1
Perform the indicated operations and simplify the result. Leave the answer in factored form. +
A.
B. 1
C.
D.