subject
Mathematics, 25.10.2019 03:43 hrijaymadathil

robert bought a $5 lottery ticket such that 1 in 100 would win $10, 1 in 1000 would win $100, and 1 in 50 million would win 1 million. what is the expected value of a lottery ticket in dollars?

does robert expect to earn a profit if he buys 100 tickets?

by how much?

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 18:00, tmrsavage02p7cj16
Ageologist had two rocks on a scale that weighed 4.6 kilograms together. rock a was 0.5 of the total weight. how much did rock a weigh?
Answers: 1
image
Mathematics, 21.06.2019 18:30, FailingstudentXD
Do some research and find a city that has experienced population growth. determine its population on january 1st of a certain year. write an exponential function to represent the city’s population, y, based on the number of years that pass, x after a period of exponential growth. describe the variables and numbers that you used in your equation.
Answers: 3
image
Mathematics, 21.06.2019 22:30, xandraeden32
Ingredient c: 1/4 cup for 2/3 serving or ingredient d: 1/3 cup for 3/4 serving which unit rate is smaller
Answers: 2
image
Mathematics, 21.06.2019 23:00, suevazpue
Analyze the diagram below and complete the instructions that follow. how to find tan
Answers: 2
You know the right answer?
robert bought a $5 lottery ticket such that 1 in 100 would win $10, 1 in 1000 would win $100, and 1...

Questions in other subjects: