Provide an appropriate response.In a raffle 1000 tickets are being sold at $1.00 each. The first prize is $100, and there are 3 second prizes fo $50 each. By how much does the price of a ticket exceed its expected value?
A. $1.00
B. $0.75
C. $1.75
D. $50
Answer: B
You might also like to view...
Solve the problem.Find the lateral surface area of a regular pyramid with a perimeter of 3.27 ft and a slant height of 
A. 3.42 ft2 B. 2.28 ft2 C. 6.69 ft2 D. 6.83 ft2
Find the opposite of the integer.187
A. 187 B. 0 C. -1 D. -187
Solve the problem.A Ferris wheel has a diameter of 340 feet and the bottom of the Ferris wheel is 8 feet above the ground. Find the equation of the wheel if the origin is placed on the ground directly below the center of the wheel, as illustrated. 
A. x2 + y2 = 28,900 B. x2 + (y - 170)2 = 115,600 C. x2 + (y - 170)2 = 28,900 D. x2 + (y - 178)2 = 28,900
Find the expected value.A fair coin is tossed three times, and a player wins $3 if 3 tails occur, wins $2 if 2 tails occur and loses $3 if no tails occur. If one tail occurs, no one wins. What is the expected value of the games?
A. $0.75 B. $2.00 C. -$3.00 D. $3.00