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...

Provide an appropriate response.Solve: x2 = 5x

Fill in the blank(s) with the appropriate word(s).

Mathematics

Provide an appropriate response.Suppose X is normally distributed with ? = 80 and ? = 15. Without using tables, approximate P(50 < X < 80).

Fill in the blank(s) with the appropriate word(s).

Mathematics

Rewrite the expressions with rational exponents as radical expressions, and then solve the equation.(2x + 3)1/2 + (4 - x)1/2 = 4

A.
B. ?
C. {3}
D. {-3}

Mathematics

Graph the hyperbola.9(x - 4)2 - 16(y - 3)2  = 144

A.

B.

C.

D.


Mathematics