The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $5. There is 1 winning ticket out of the 190 tickets sold. The winner gets a prize worth $80. Round your answers to the nearest cent. What is the expected

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: Expected value- The expected value is predicted future value of an event taking place in the…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: According to the provided information, the number of tickets they will sell is 900 and the cost for…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: From the provided information, the total number of tickets they will sell = 700. So,

Q: A quick quiz consists of a multiple-choice question with 5 possible answers followed by a true/false…

A: Given dataMultiple choice questions with 5 possible answers followed by a true and false5 possible…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A:

Q: At a local fair, a raffle is being held. There were 1,067 tickets were sold for $10 each. There is…

A:

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A:

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: Given data: The cost of a ticket is C=$7. The total numbers of the ticket are n=900. The amount of…

Q: In the game of Keno, what are the expected winnings if catching 1 number pays you $3 and catching 2…

A: In the game of Keno, what are the expected winnings if catching 1 number pays you $3 and catching 2…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A:

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: Given information- We have given that the student council is hosting a drawing to raise money for…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: From the given information we want to find expected value of profit.

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: It is requested to calculate the expected profit for one ticket. Cost of one ticket = $ 8 Total…

Q: You pay $20 to enter a raffle.  The first ticket drawn wins $912, the second ticket drawn wins $481,…

A:

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: Given that, The student council is hosting a drawing to raise money for scholarships. They are…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A:

Q: The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $5.…

A: Using the given info we make a table Winning amount (xi) 96 0 Total Frequency 1 (210-1)=209 210…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A:

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: the expected value for your profit is $7

Q: Allie plays on the varsity basketball team and makes 79% of her free throws. If she takes 12 shots,…

A: Given : p = 0.79 q = 1 - p = 1 - 0.79 = 0.21 n = 12 we have find P(x = 8) here, x follow a binomial…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A:

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A:

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: The probability distribution based on the given information is as follows:

Q: A student takes a true-false test but did not study and randomly guesses each answer. There are 20…

A:

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: We have to find expected value.

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A:

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: Given: $10 each and sell 800 tickets one $1000 ground prize four $ 200-second prize fifteen $20…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A:

Q: Suppose you are producing an outdoor festival. You estimate that you will make $300000 if it does…

A: We have to find what are expected earnings for the festival.

Q: Suppose you are producing an outdoor festival. You estimate that you will make $500000 if it does…

A:

Q: The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $5.…

A: It is given that the a raffle ticket costs $5 and there is 1 winning ticket out of the 180 tickets…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A:

Q: A quick quiz consists of a true/false question followed by a multiple-choice question with 6…

A:

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: Given,Price of each ticket = $9Total number of tickets = 600And there is one $2,000 grand prize, two…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: Given information- We have given that the student council is hosting a drawing to raise money for…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: Given: The student council is hosting a drawing to raise money for scholarships. Cost of one ticket…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: We can create a table for the given data, Price (X) no. Of tickets (f) 2000 1 400 2 20 11…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: The cost of a single ticket is $6. Total tickets are 700.There are 1 prize with $1,000, 3 prizes…

Q: The student council is hosting a drawing to raise money for scholarships. They are selling tickets…

A: Given that, Sell 600 tickets, $7 for each One $2000 grand prize Three $400 grand prize Twelve $10…

Q: You just bought one ticket. Find the expected value for your profit

A: here given, The student council is hosting a drawing to raise money for scholarships. They are…