MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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a lottery tcket has a grand prize of 45.2 million. the
the lottery ticket is $1.00
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- The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $6 each and will sell 800 tickets. There is one $1,000 grand prize, four $300 second prizes, and seventeen $10 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.$arrow_forwardthe student council is hosting a drawing to raise money for scholarships. they are selling tickets for $8 each and will sell 500 tickets. there is one $3000 grand prize, three $500 second prizes , and eleven $30 third prizes. you just bought a ticket. find the expected value for your profit. round to nearest cent.arrow_forwardAn airline sells traveler's insurance for its flights. The airline determined that the probability that someone would need to file a claim is If the insurance costs $380 and the payout is $3,100, what is the expected net value 6100 for the airlime? Round final answer to the nearest penny. Number dollarsarrow_forward
- The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $9 each and will sell 600 tickets. There is one $2,000 grand prize, two $200 second prizes, and twelve $40 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.arrow_forwardThe student council is hosting a drawing to raise money for scholarships. They are selling tickets for $5 each and will sell 900 tickets. There is one $2,000 grand prize, four $200 second prizes, and fifteen $10 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent. $arrow_forwardThe student council is hosting a drawing to raise money for scholarships. They are selling tickets for $5 each and will sell 500 tickets. There is one $3,000 grand prize, three $400 second prizes, and fifteen $20 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.arrow_forward
- Cathy makes a single deposit into an account earning 2.5% compounded monthly. After five years the account contains $3057.46.how much did she deposit?arrow_forwardSolve the attached file and selet the correct answer. Thanksarrow_forwardThe student council is hosting a drawing to raise money for scholarships. They are selling tickets for $7 each and will sell 600 tickets. There is one $1,000 grand prize, three $200 second prizes, and thirteen $10 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent. $arrow_forward
- The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $8 each and will sell 800 tickets. There is one $2,000 grand prize, two $500 second prizes, and eleven $30 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.arrow_forwardThe student council is hosting a drawing to raise money for scholarships. They are selling tickets for $10 each and will sell 800 tickets. There is one $2,000 grand prize, three $400 second prizes, and sixteen $20 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent. $ 5.6 Hint: Hintarrow_forwardDecide which of these numbers could not possibly be probabilities. Explain your answers. a. 00.47 b. −0.047 c. 3.5 d. 1/3.5arrow_forward
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