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

Mathematics

You might also like to view...

Draw a Venn diagram to determine whether the argument is valid.Premise: No surfers speak French.Premise: Pierre speaks French.Conclusion: Pierre is not a surfer.

What will be an ideal response?

Mathematics

Find the mode or modes (if any).7.01, 7.41, 7.56, 7.01, 7.88, 7.99, 7.62

A. 7.41 B. 7.01 C. 7.497 D. 7.56

Mathematics

The surface area of a right regular n-gon prism with base area A, height h and base edge length a is: _______________

What will be an ideal response?

Mathematics

Determine which graph is nonplanar and indicate whether it contains a Utilities Graph or as a subgraph.


Mathematics