There is a 3/4 chance you could win $100,000.00 in tomorrow’s irish sweepstakes. how much would you pay for a ticket? (hint: find the theorethical value of a ticket.)

ticket price will be  $75000

Step-by-step explanation:

Given data

win amount = $100000

chance = 3/4

to find out

How much would you pay for a ticket

solution

we know that chance of win is 3/4 of amount

so here amount is $100000

so ticket price will be = 3/4 × 100000

=  0.75 × 100000

= 75000

ticket price will be  $75000

the system of inequity is

step-by-step explanation:

from the given graph it is noticed that we have two related lines. one is solid and another is dashed.

if a line passing through two points, then the equation of line is

the solid line passing through the points (0,4) and (4,0).

the related equation of solid line is .

similarly, find the related equation of dashed line. the dashed liune passing through the points (0,0) and (3,1).

the related equation of dashed line is

from the given graph it is noticed that the point (0,1) lies on the shaded region, therefore the point (0,1) must be satisfied by the related equations.

check the related equations by the point (0,1).

this statement is true if the sign of inequality is < instead of equality. since it is an solid line therefore the sign of inequality will be . the required inequality is

similarly, check the second related equation.

it is a dashed line, so this statement is true if the sign of inequality is > . the required inequality is