subject
Mathematics, 14.12.2020 22:20 chris4212

A local book shop is selling $1 raffle tickets and is donating all proceeds to a local charity. They sold 6,500 tickets and plan to give away 30 gift certificated worth $25
and 50 gift certificates valued at $15.
1. Find the expected value of purchasing a raffle ticket. Round to the nearest
cent.
2. Explain what the expected value means in terms of the donation to the
charity.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 22.06.2019 01:30
What type of symmetry does a rhombus have?
Answers: 1
question
Mathematics, 22.06.2019 01:30
In a rectangle klmn, km = 6x + 16 and ln = 49. find the value of x
Answers: 1
question
Mathematics, 22.06.2019 02:00
How many square inches are in 60 square feet?
Answers: 1
question
Mathematics, 22.06.2019 02:20
Jenny invests $2,000 at an interest rate of 5%. the amount of money, me, in jenny's account after tyears can be represented using the equation ma-2000(1.05). if jenny would have invested the same amount of money at the same interest rate four years ago, the equation representing the amount of money mo. in her account would be represented using the equation! mg = 2000(105)*** which of the following is equivalent to mp? 2000(105) om- 1.05 2000(1.05) mo 1059 mp-2000(1.05) (105) mp - 2000(1.05) + (1.05)
Answers: 1
You know the right answer?
A local book shop is selling $1 raffle tickets and is donating all proceeds to a local charity. The...
Questions
question
Mathematics, 05.05.2020 19:57
question
English, 05.05.2020 19:57
question
Health, 05.05.2020 19:57
Questions on the website: 13722361