Question

7 ㅢ5 points 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 2578 raffle tickets at $5 per ticket. B8UnderStat125. 1.016. My Notes Ask Your T + (a) Kevin bought nineteen tickets. What is the probability that Kevin will win the spring break cruise to the Caribbean? (Round your answer to five decimal places.) What is the probability that Kevin will not win the cruise? (Round your answer to five decimal places.) (b) Expected earnings can be found by multiplying the value of the cruise by the probability that Kevin will win. What are Kevins expected earnings? (Round your answer to two decimal places.) $1 Is this more or less than the amount Kevin paid for the nineteen tickets? -Select How much did Kevin effectively contriute to the Samaritan Center for the Homeless? (Round your answer to two decimal places.) Need Help?Read
0 0
Add a comment Improve this question Transcribed image text
Know the answer?
Add Answer to:
7" ㅢ5 points The college student senate is sponsoring a spring break Caribbean cruise raffle. The...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • The college student senate is sponsoring a spring break Caribbean cruise raffle. The proceeds are to...

    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 2867 raffle tickets at $5 per ticket. (a) Kevin bought twenty-five tickets. What is the probability that Kevin will win the spring break cruise to the Caribbean? (Round your answer to five decimal places.) What is the probability that Kevin will not...

  • QUESTION 7 The Math is Cool club is having a raffle. There is one Rest Prize...

    QUESTION 7 The Math is Cool club is having a raffle. There is one Rest Prize of $150 and 5 Honorable Mention prices of $45 each. Tickets will cost 1250 cach and they plante sell 2500 tickets. Use this information to answer the questions below. Round decimalows to 2 decimal places a. What is the expected value of this raffle? b. Suppose you buy tickets. How much money can you expect to wiriose with your tickets? Type win" or "lose,...

  • Lottery: I buy one of 400 raffle tickets for $10. The sponsors then randomly select 1...

    Lottery: I buy one of 400 raffle tickets for $10. The sponsors then randomly select 1 grand prize worth $800, then 2 second prizes worth $300 each, and then 3 third prizes worth $100 each. The selections are made without replacement. (a) Complete the probability distribution for this raffle. Give your probabilities as a decimal (rounded to 4 decimal places) or as a fraction. Outcomes          P(x)          Win Grand Prize     Win a Second Prize     Win a Third Prize     Win Nothing     (b)...

  • Spring Break is coming up and you are headed to Vegas! You decide that you are...

    Spring Break is coming up and you are headed to Vegas! You decide that you are going to play roulette and want to know the probability of landing on certain numbers. The standard American roulette wheel has a total of 38 pockets. There are two green pockets, 18 red pockets, and 18 black pockets. With each spin of the wheel, the ball has an equal probability of landing in any pocket. 1a. With any given spin of the wheel, what...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT