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 2357 raffle tickets at $5 per ticket. Required:
a. Kevin bought ten tickets. What is the probability that Kevin will win the spring break cruise to the Caribbean?
b. Expected earnings can be found by multiplying the value of the cruise by the probability that Kevin will win. What are Kevin's expected earnings?
c. How much did Kevin effectively contriute to the Samaritan Center for the Homeless?

A) The probability that Kevin will win the spring break cruise is 0.42%.

B) Kevin's expected earnings are $ 8.4.

C) Kevin effectively contributed with $ 50.

Step-by-step explanation:

Since the college student senate is sponsoring a spring break Caribbean cruise raffle, and the proceeds are to be donated to the Samaritan Center for the Homeless, ya local travel agency donated the cruise, valued at $ 2000, and the students sold 2357 raffle tickets at $ 5 per ticket, to determine A) if Kevin bought ten tickets, what is the probability that Kevin will win the spring break cruise to the Caribbean; B) Kevin's expected earnings and C) how much did Kevin effectively contribute to the Samaritan Center for the Homeless; the following calculation must be performed:

A) 10/2357 = 0.0042 x 100 = 0.42

Therefore, the probability that Kevin will win the spring break cruise is 0.42%.

B) 2000 x 0.0042 = 8.4

Therefore, Kevin's expected earnings are $ 8.4.

C) 5 x 10 = 50

Kevin effectively contributed with $ 50.

step-by-step explanation:

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