July 4, 2010
Can you help with this math word problem?
boblc123 asked:
The student senate is sponsoring a car raffle to buy playground equipment for disadvantaged children. The senate buys a used car for $3000 and sells 3750 raffle tickets at $1.50 per ticket. If you buy 30 tickets, what is the probability that you will win the car? What are your expected earnings?
The student senate is sponsoring a car raffle to buy playground equipment for disadvantaged children. The senate buys a used car for $3000 and sells 3750 raffle tickets at $1.50 per ticket. If you buy 30 tickets, what is the probability that you will win the car? What are your expected earnings?
If you could help me with this and show your work so I can see how you did it it would be greately appreciated!!
Thanks in advance.
Pine Scented Candles
The chance of winning the chance of winning the car is 30 3750 0008 or 08 3000 30 3750 0008 3000 30 3750 0008 3000 30 3750 0008 or 08 or 08 expected income cost in this case.