subject
Mathematics, 22.01.2021 03:50 am2garcia5

Hugo is considering buying a scratch-off lottery ticket that costs 3 dollars. If the ticket wins, he can redeem the ticket for 50 dollars. If the ticket loses, the ticket is worthless. According to the lottery's website, 2% of all
tickets are winners.
Find the expected value of buying a scratch-off lottery ticket.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 19:40
Ascatter plot with a trend line is shown below. which equation best represents the given data? y = x + 2 y = x + 5 y = 2x + 5
Answers: 1
question
Mathematics, 21.06.2019 19:40
The krasnapolski is a top-of-the-line hotel in amsterdam, the netherlands. among their many services, they rent bicycles to guests. the bicycle checkout is open 24 hours per day 7 days per week and has 50 bicycles on hand. on average, 10 guests request a bicycle each day, arriving completely randomly at all times of the day during the spring and summer seasons. guests keep bicycles for four days on average, with a standard deviation of two days. how long does a guest on average have to wait for a bike? a. approximately 24 hours b. approximately 0.033 hours c. approximately 4 days d. approximately 47 minutes
Answers: 3
question
Mathematics, 21.06.2019 21:40
In a survey of 1015 adults, a polling agency asked, "when you retire, do you think you will have enough money to live comfortably or not. of the 1015 surveyed, 534 stated that they were worried about having enough money to live comfortably in retirement. construct a 90% confidence interval for the proportion of adults who are worried about having enough money to live comfortably in retirement.
Answers: 3
question
Mathematics, 21.06.2019 22:10
Which function can be used to model the monthly profit for x trinkets produced? f(x) = –4(x – 50)(x – 250) f(x) = (x – 50)(x – 250) f(x) = 28(x + 50)(x + 250) f(x) = (x + 50)(x + 250)
Answers: 2
You know the right answer?
Hugo is considering buying a scratch-off lottery ticket that costs 3 dollars. If the ticket wins, he...
Questions
Questions on the website: 13722360