A non-profit organization plans to hold a raffle to raise funds for its operations. A total of 1,000 raffle tickets will be sold for $1.00 each. After all the tickets are sold, one ticket will be selected at random and its owner will receive $50.00. The expected value for the net gain for each ticket is -$0.95. What is the meaning of the expected value in this context? A. The ticket owners lose an average of $0.05 per raffle ticket.
B. The ticket owners lose an average of $0.95 per raffle ticket.
C. Each ticket owner will lose $0.95 per raffle ticket.
D. A ticket owner would have to purchase 19 more tickets for the expected value of his or her net gain to increase to $0.00.
E. A ticket owner has a 95 percent chance of having a ticket that is not selected.

The answer is "Option b".

Step-by-step explanation:

In the given question, 1000 ticket were sold for and the owner who receives tickets which are  randomly chosen that wins .

The probability in which each ticket owners win

therefore the ticket owner net profit =

b

2

−

b

b

3

+

7

b

2

+

14

b

+

6

%

−

3

b

3

+

7

b

2

+

14

b

+

6

%

step-by-step explanation:

∠lno ≅ ∠lnm

∠oln ≅ ∠mln

step-by-step explanation:

given   that triangle lno is congruent to triangle lnm.

we have to fill up the blanks in the given question.

according to above order of congruency   kept in mind we can say that

∠lno ≅ ∠lnm

∠oln ≅ ∠mln

ln ≅ ln due to common in both.

hence, by sas congruency,

the side angle side rule   states that if two sides and the included angle of one triangle are congruent to another triangle, then these two triangles are congruent.