Find a122 of the sequence 5, 8, 11
1 answer:
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Response:
the expected value of this raffle if you purchase 1 ticket = -0.65
Breakdown of the calculation:
Details:
5,000 tickets are sold at $1 each for a charitable raffle
Winners will be chosen at random with cash prizes as follows: 1 prize of $500, 3 prizes of $300, 5 prizes of $50, and 20 prizes of $5.
Therefore, the value and its respective probability can be calculated as follows:
Value Probability
$500 - $1 = $499 1/5000
$300 - $1 = $299 3/5000
$50 - $1 = $49 5/5000
$5 - $1 = $4 20/5000
-$1 1 - 29/5000 = 4971/5000
The expected value of the raffle when buying 1 ticket is computed as follows:
So, the expected value of this raffle when one ticket is purchased = -0.65
Answer:
Expiration Date: 1/17/2017
Expiration Time: 4:00am
Preparation Date: 12/3/2016
Preparation Time: 4:00am
Initial Usage Date: 12/7/2016
Detailed Breakdown:
An illustrative depiction of the question has been provided in an image format for clarity.
From the information given, it is noted that her store order arrived on 12/3/2016 at 4am, confirming that both the prep date and time are 12/3/2016 and 4am respectively. The product has a printed expiration date of 1/17/2017, logically indicating that its expiration time is also 4am, in line with the prep time; adding 24 hours leads us back to the same time on the expiration date. Furthermore, we were informed that she utilized the product on 12/7/2016, which marks the initial use date. Based on this information, we can summarize as follows:
Expiration Date: 1/17/2017
Expiration Time: 4:00am
Preparation Date: 12/3/2016
Preparation Time: 4:00am
Initial Usage Date: 12/7/2016
