Mathematics, 07.03.2020 03:26 jackie1013fusse
The college student senate is sponsoring a spring break Caribbean cruise raffle. The proceeds are to be donated to the Samaritan Center for the Homeless. A local travel agency donated the cruise, valued at $2000. The students sold 2306 raffle tickets at $5 per ticket.
A) Kevin bought 6 tickets. What is the probability that kevin will win the spring break cruise to the caribbean? What is the probability that kevin will not win the cruise?
B) Expected earnings can be found by multiplying the value of thecruise by the probability that kevin will win. What are kevins expected earnings? Is this more or less than the amount kevin paidfor the 6 tickets? How much did kevin effectively contribute to thesamaritan center for the homeless?
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The college student senate is sponsoring a spring break Caribbean cruise raffle. The proceeds are to...
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