Afundraising event offered people a chance to pay $3 to go through a corn maze (shown below) in a field in the fall. the maze either led to nothing or a prize of $4 (ie their $3 back and an extra $1). the participants can only move forward and when they come to a fork in the maze they are equally likely to take any one of the paths. what is the expected monetary value for each participant that goes through the maze?
-0.33

-0.67

-0.75

-1.00

*100% correct answers

Question 1

A fundraising event offered people a chance to pay $3 to go through a corn maze (shown below) in a field in the fall. The maze either led to nothing or a prize of $4 (ie their $3 back and an extra $1). The participants can only move forward and when they come to a fork in the maze they are equally likely to take any one of the paths. What is the expected monetary value for each participant that goes through the maze?  

-0.33  

Question 2

What is the expected value of the spinner shown?

2.125  

Question 3

An insurance company charges a customer $1600 per year for a particular customers auto insurance. The company has predicted that there is a 10% change the person will make a claim on the policy of $5000 (which means the insurance company would lose $3400) and 90% change that they won't make a claim. What can the insurance company on average expect to make on selling this policy?  

$1100

distance covered by pamela in 9 l of fuel = 99km

let us apply unitary method here.

distance covered by pamela in 1 l of fuel =99/9 =11 km

now let us find distance covered by pamela if she has 12 l of fuel.

distance covered in 12 l = distance covered in 1 l of fuel * 12

we know that distance covered by here in 1 l is 11 km.

so distance covered in 12 l of fuel = 11*12 = 132 km.