A state has a lottery game where a person picks one of the 1000 three-digit numbers between 000 and 999. The lottery selects a three-digit number at random. With a bet of $1, a person wins $700 if their number is selected and nothing ($0) otherwise. The expected value of the probability distribution for the amount of money you will win is 0.70. What is the correct interpretation of the expected value

Answers

Answer 1

Answer:

A player can expect to win an average of 0.70 per lottery after playing the lottery sufficiently many times.

Step-by-step explanation:

The expected value for the amount of money to be won is 0.70 ;

The expected value of expected mean simply means the long run average because the expected mean refers to the average value of a random variable which is which is obtained over a large number of trials or experiment. In the case of lottery game, expected will thus be interpreted to mean the average winning (or loss) expected which a player earns or incurs after playing the lottery many times. It differs from the mean or average value earned after playing just a game or two as it refers to a long run average.


Related Questions

consider a population consisting of values 2, 3, 5, 7. what is the population standard deviation?

Answers

Answer:

The population standard deviation is 1.92.

Step-by-step explanation:

Population mean:

Sum of all values divided by the number of values. Thus:

[tex]M = \frac{2 + 3 + 5 + 7}{4} = 4.25[/tex]

Population standard deviation:

Square root of the division between the sum of the difference squared of each value and the mean, and the number of values. Thus.

[tex]S = \sqrt{\frac{(2-4.25)^2 + (3-4.25)^2 + (5-4.25)^2 + (7-4.25)^2}{4}} = 1.92[/tex]

The population standard deviation is 1.92.

2. On this spinner, the pointer is spun once. The colour is recorded.
The pointer is spun a second time. The colour is recorded.
a) Suppose you win if you spin the same colour on both spins.
What are your chances of winning?
b) Suppose you win if you spin two different colours.
What are your chances of winning?

Answers

Answer:

A=25% B=75%

Step-by-step explanation:

So first lets make a sample space. (Im using red, blue, green, and yellow)

rr, rb, rg, ry

br, bb, bg, by

gr, gb, gg, gy

yr, yb, yg, yy

So for A its 4/16 or 1/4=25%

For B its 12/16=3/4=75%

What is the square root of -1?

Answers

Answer: i

Step-by-step explanation:

It is imaginary, since if you try squaring numbers, ex: -1, 1,0,2 you always get a number bigger or equal to 0.

For years mathematicans argued weather the square root of -1 (or any negative number) should exist.

Then one day, a mathematician proposed a soulution, the square root of -1 could be i. Everyone liked that and so now the square root of -1 is i

what is the area, in square feet, of the figure ? ​

Answers

Answer:

The answer is 24

Step-by-step explanation:

The first step is to multiply 6x3=18 Then you multiply 4x3=12/2=6 Then you add 18+6=24 Your welcome :D

Quadratics by taking square roots: With Steps
Create a list of steps, in order, that will solve the following equation.
3(x + 2)2 = 48
Solution steps:
FIN
As:
Add 2 to both sides
Divide both sides by 3
MY
Multiply both sides by 3
Col
Subtract 2 from both sides
MY
Square both sides
Take the square root of both sides
Pro
Pro

Answers

Answer:

yan ata un nd ko sure hehe

What is 2/7 divided by 5/4? (No links)

Answers

Answer: 5/14

Step-by-step explanation:

8/35 using the keep change flip method

An airplane travels 240 miles in 3 hours with the wind. The return trip against the wind takes 4 hours. What is the wind speed and the speed of the airplane in still air?

Answers

Answer:

Let p = the speed of the plane

and w = the speed of the wind

It takes the plane 3 hours to go 600 miles when against the headwind and 2 hours to go 600 miles with the headwind. So we set up a system of equations.

600mi3hr=p−w600mi2hr=p+w

Solving for the left sides we get:

200mph = p - w

300mph = p + w

Now solve for one variable in either equation. I'll solve for x in the first equation:

200mph = p - w

Add w to both sides:

p = 200mph + w

Now we can substitute the x that we found in the first equation into the second equation so we can solve for w:

300mph = (200mph + w) + w

Combine like terms:

300mph = 200mph + 2w

Subtract 200mph on both sides:

100mph = 2w

Divide by 2:

50mph = w

So the speed of the wind is 50mph.

Now plug the value we just found back in to either equation to find the speed of the plane, I'll plug it into the first equation:

200mph = p - 50mph

Add 50mph on both sides:

250mph = p

So the speed of the plane in still air is 250mph.

Answer:

140miles/hour

Step-by-step explanation:

Speed of airplane + speed of wind

=240miles/3 hours + 240miles/4 hours

=80miles/hour +60miles/hour

= 140miles/hour

9×3 n =3 powered by 7 slove n

Answers

Answer:

81

Step-by-step explanation:

9 × 3n= 3^7

9×3n= 2187

27n= 2187

n= 2187/27

= 81

Hence n= 81

Solve: x^2 – 16x + 63 < 0 ​

Answers

Answer:

7 < x < 9

Step-by-step explanation:

x^2 – 16x + 63 < 0

this is a parabola that opens up.

The parabola will be < 0 for values between the roots.

to picture this see the graph below.

Factor

(x - 7)(x - 9) < 0

Roots

x = {7, 9}

solution

7 < x < 9

A 15-inch candle is lit and burns at a constant rate of 1.2 inches per hour. Let t represent the number of hours since the candle was lit, and uppose f is a function such that f(t) represents the remaining length of the candle (in inches) t hours after it was lit.
a. Write a function formula for f f(t)- [Preview] syntax error #
b. What is the domain of f relative to this contex? Enter your answer as an interval. # Preview, no answer given
c. What is the range of f relative to this context? Enter your answer as an interval *Preview no answer given
d. Solve f(t) 3.6 for it. 算 Preview
e. What does your solution in part (d) represent in this context? Select all that apply. The length of the candle (in inches) 3.6 hours after it was lit. How many bhous since the candle was lir wen i is36 mches loe OHow long it takes for the candle to burn out.

Answers

Answer:

[tex]f(t) = 15 -1.2t[/tex]

[tex]0 \le t \le 12.5[/tex]

[tex]15 \ge f(t)t \ge 0[/tex]

The length of the candle (in inches) 3.6 hours after it was lit is 0.95 inches

Step-by-step explanation:

Given

[tex]a = 15[/tex] ---- candle length

[tex]r =- 1.2[/tex] --- rate (it is negative because the candle length reduces)

Solving (a): The function, f(t)

This is calculated as:

[tex]f(t) = a + rt[/tex]

So, we have:

[tex]f(t) = 15 + -1.2 * t[/tex]

[tex]f(t) = 15 -1.2t[/tex]

Solving (b): The domain

The domain, in this case, represents time from 0 till the candle burns out.

Set [tex]f(t) = 0[/tex] to calculate the time the candle burns out

[tex]f(t) = 15 -1.2t[/tex]

[tex]0 = 15 - 1.2t[/tex]

Collect like terms.

[tex]1.2t = 15[/tex]

Solve for t

[tex]t = 15/1,2[/tex]

[tex]t = 12.5[/tex]

Hence, the domain is: [tex]0 \le t \le 12.5[/tex]

Solving (c): The range

The domain, in this case, represents the candle height from 15 till the candle burns out (0 inches)

Hence, the range is: [tex]15 \ge f(t)t \ge 0[/tex]

Solving (d): [tex]f(t) = 3.6[/tex]

Recall that:[tex]f(t) = 15 -1.2t[/tex]

Sp, we have

[tex]15 - 1.2t - 3.6[/tex]

Collect like terms

[tex]12t =15 -3.6[/tex]

[tex]12t =11.4[/tex]

Divide by 12

[tex]t =0.95[/tex]

find the consecutive odd numbers such that 6 times the smaller plus 3 times the larger comes to 105​

Answers

Answer:

11 and 13

Step-by-step explanation:

let smaller odd number be x

larger odd nuber be x+2

according to the question algebraic expression can be written as

6x+3(x+2)=105

6x+3x+6=105

9x=105-6

9x=99

x=99/9

x=11

larger number=x+2

11+2

13

A sample of college freshmen was asked how many hours per week they spent playing video games. The following frequency distribution presents the results. Number of Hours Frequency - - - - - - - - - - Part 1 of 2 (a) How many classes are there

Answers

Answer:

Step-by-step explanation:

Isabel Briggs Myers was a pioneer in the study of personality types. The personality types are broadly defined according to four main preferences. Do married couples choose similar or different personality types in their mates? The following data give an indication.

Similarities and Differences in a Random Sample of 375 Married Couples
Number of Similar Preferences Number of Married Couples
 All four                      29
Three                      124
Two                      120
One                      66
None                      36   


Suppose that a married couple is selected at random.
Required:
Use the data to estimate the probability that they will have 0, 1, 2, 3, or 4 personality preferences in common.

Answers

Answer:

P ( All four) = 29/375=0.07733

P ( Three A^) = 124/375= 0.33067

P ( Two A^) = 120/375= 0.32

P (One A^) = 66/375= 0.176

P (None A^) = 36/375= 0.096

Step-by-step explanation:

Number of Similar Preferences                  Number of Married Couples

All four                                                                29

Three                                                                 124

Two                                                                     120

One                                                                     66

None                                                                  36                            

Total                                                                      375                        

We want to determine the probability that they will have 0, 1, 2, 3, or 4 personality preferences in common.

P ( All four) = 29/375=0.07733

P ( Three A^) = 124/375= 0.33067

P ( Two A^) = 120/375= 0.32

P (One A^) = 66/375= 0.176

P (None A^) = 36/375= 0.096

Probability is calculated by favorable outcome divided by the total outcome.

Similarly we obtained the probabilities of the couples that they will have 0, 1, 2, 3, or 4 personality preferences in common.

Evaluate: 7( 14 - 8) - 6²


5

6

7

8

please help if possible 3

Answers

Answer:

6

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Step-by-step explanation:

Step 1: Define

Identify

7(14 - 8) - 6²

Step 2: Evaluate

Exponents:                                                                                                        7(14 - 8) - 36(Parenthesis) Subtract:                                                                                     7(6) - 36Multiply:                                                                                                             42 - 36Subtract:                                                                                                             6

Molly wants to buy a raincoat for her pet. If the raincoat cost $39.99 and has a sales tax rate of 7%. What will be the final price (with tax) of the raincoat?

Answers

Answer:

$42.7893 or $42.79 rounded

39.99 x .07 = 2.80
39.99 + 2.80 = $42.79 final price with tax

Whats 5x=234 please answer i will brainliest if i can

Answers

Answer:

x = 46.8

Step-by-step explanation:

I assume you are trying to find the value of x.

[tex]5x=234.[/tex]

To find x, divide the answer by the coefficient. The quotient is the value of 'x.'

[tex]234/5=46.8[/tex]

Therefore, 46.8 is the value of x.

Remember: Whenever you see a coefficient and a variable together—5x, 7y, 3t—this means to multiply them.

Help please need to do ASAP!!

Answers

Answer:

D) 3x^4 + 22x^3 + 31x^2 - 6

Step-by-step explanation:

1. Use distributive property throughout your equation.

2. Remove all opposites.

3. Add up all like terms.

4. Finish equation!

Sorry I wasn’t able to show you how I did it, but it’s hella hard to type out. Hopefully you got the concept and it helps. Good luck! :)

Cora's dad has asked Cora and her little brothers to rake the leaves in their yard. They rake all afternoon and fill a number of bags with leaves. Then, when Cora isn't looking, her brothers empty 6 of the bags to make a giant leaf pile! Cora is frustrated that only 5 bags of leaves remain. What equation can you use to find the total number of bags b that Cora and her brothers fill with leaves?

Answers

Answer:

11

Step-by-step explanation:

because they empty 6 bags and there are 5 bags left to that is 11 all together

The total number of bags of leaves b is given by the equation b = 11 bags

What is an Equation?

Equations are mathematical statements with two algebraic expressions flanking the equals (=) sign on either side.

It demonstrates the equality of the relationship between the expressions printed on the left and right sides.

Coefficients, variables, operators, constants, terms, expressions, and the equal to sign are some of the components of an equation. The "=" sign and terms on both sides must always be present when writing an equation.

Given data ,

Let the equation be represented as A

Now , the value of A is

Let the total number of bags be = b

The number of bags emptied by Cora's brother = 6 bags

The number of bags left with Cora = 5 bags

So , the equation will be

The total number of bags b = number of bags emptied by Cora's brother + number of bags left with Cora

Substituting the values in the equation , we get

The total number of bags b = 6 + 5

The total number of bags b = 11 bags

Therefore , the value of A is 11 bags

Hence , the number of bags of leaves is 11 bags

To learn more about equations click :

https://brainly.com/question/19297665

#SPJ2

A survey of 200 families showed that
75 had a dog;
58 had a cat;
25 had a dog and a cat;
77 had neither a cat nor a dog nor a parakeet;
5 had a cat and dog and a parakeet.
How many had a parakeet only?

Answers

Answer:

15 is the answer , the total people who has dogs , cats , parakeets and none is equals to 185 then from 200 you minus 185 which is 15 so 15 people had parakeets only

PERR AMD A PEERN2 SJE

Answers

Answer:

3 peers

Step-by-step explanation:

Answer:

Three? Is it three?

Step-by-step explanation:

At-home medical test kits have increased in popularity in recent years. This​ year, 380 million test kits are expected to be sold. This represents a 114% increase from the number of kits that were sold last year. How many medical test kits were sold last​ year?

Answers

Answer:

326.8 million

Step-by-step explanation:

You just get 14% of 380 million and subtract it from 380 million

Will give brainiest and extra points if the answer is correct

Answers

Answer:

The range in the average rate of change in temperature of the substance is from a low temperature of [tex]-22^{\circ}[/tex] to a high of [tex]16^{\circ}[/tex].

Step-by-step explanation:

In the sinusoidal function [tex]y=a\sin(b(x-c))+d[/tex], [tex]|a|[/tex] represents the amplitude and [tex]y=d[/tex] represents the equation of the midline.

By definition sinusoidal functions ebb and flow with respect to this midline. Therefore, the minimums must occur at [tex]y=d-|a|[/tex] and the maximums must occur at [tex]y=d+|a|[/tex].

Thus, the minimum, or low, occurs at [tex]y=-3-|-19|=-3-19=\boxed{-22}[/tex] and the maximum, or high, occurs at [tex]y=-3+|-19|=-3+19=\boxed{16}[/tex].

Find the value of given PSRQ is a parallelogram

Answers

Angle S and angle R are supplementary angles and need to add together to equal 180 degrees.

This means angle r = 180-145 = 35 degrees.

36x -1 = 35

Add 1 to both sides:

36x = 36

Divide both sides by 36

X = 1

Answer:

Work attached below :D

A brand new car was purchased for $28,000 in year 2000. The car value has dropped to
$20,000 in year 2003. What could be considered as the rate of depreciation?
(Round your answers to the nearest 10th.)

Answers

Answer:

The rate of depreciation is 11.87% per year.

Step-by-step explanation:

Given that a brand new car was purchased for $ 28,000 in year 2000, and the car value has dropped to $ 20,000 in year 2003, to determine what could be considered as the rate of depreciation, the following calculation must be performed:

20,000 x (1 + X / 1) ^ 3 = 28,000

20,000 x X ^ 3 = 28,000

20,000X ^ 3 = 28,000

X = 1.1187

Therefore, the rate of depreciation is 11.87% per year.

complete the following operations using the standard algorithm then order the answer from smallest to largest.

Answers

9514 1404 393

Answer:

1000100₂10100₄643₈

Step-by-step explanation:

  [tex]\begin{array}{rrr}100111_2&732_8&3213_4\\+11101_2&-67_8&+221_4\\\cline{1-3}1000100_2&643_8&10100_4\end{array}[/tex]

It can be convenient to convert these to base 8 for comparison. (Bases 2, 4, and 8 are easily interconverted by regrouping the base-2 bits of the number.) Using periods to mark groups of bits, we have ...

  1000100₂ ⇒ 1.000.100₂ ⇒ 104₈

  10100₄ ⇒ 01.00.01.00.00₂ ⇒ 0.100.010.000₂ ⇒ 0420₈

Then the numbers in order are, smallest to largest, ...

1000100₂ ⇒ 104₈10100₄ ⇒ 420₈643₈

_____

When the sum of digits in a column equals or exceeds the base, then 1 is carried to the next column to the left, and the excess is written as the sum of the column. In base 2, this means 1+1 = 10. In base 4, this means 3+1=10, or 1+2+2=11.

Subtraction of a larger digit from a smaller one can be done by "borrowing" 1 (the amount of the base) from the next column to the left. In base 8, for example, this means 32-7 = 23.

These rules are identical to the rules that apply in base ten arithmetic.

Choose all of the following relationships that represent functions

I need help I have been stuck on this for years. Plz anything helps

Answers

9514 1404 393

Answer:

  see below

Step-by-step explanation:

Perhaps you're stuck because it is too simple. If any value in the x-column is repeated, the relation is not a function.

Of the two relations shown, the first is not a function (x=3 is repeated), and the second one is a function (all the x-values are different).

What the answer? quickly please?

Answers

Answer:

the 1st choice

Step-by-step explanation:

MARK BRAINLIEST

help with this please. Thanks​

Answers

9514 1404 393

Answer:

  3.0

Step-by-step explanation:

The angle, its opposite side, and the hypotenuse are given. Then the relevant trig relation is ...

  Sin = Opposite/Hypotenuse

  sin(21°) = x/8.3 . . . . . . . . . . . . . . . . . . use the given values

  x = 8.3·sin(21°) ≈ 8.3×0.3584 . . . . . . multiply by 8.3

  x ≈ 3.0

If f (x) is an exponential function where f(-2.5) = 9 and f(7) = 91, then find
the value of f(12), to the nearest hundredth.

Answers

Hi I’m here to help and I think the answer will be =56 bye now !

Find the average of -8, -1, and 3
Im doing a test pls help quick!

Answers

Answer:

-2

Step-by-step explanation:

To find the mean, add all of the values together. With that sum, divide it by the amount of addends/values. In this case 3.

-8 + -1 + 3 = -6

-6/3= -2

hope this helps :D

answer

-3

i think this is correct if not i’m sorry have a good day!
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