Answer:
$82.3
Step-by-step explanation:
82 multiplied by 25 equals 2050.
Adding 90 gives 2140.
Dividing 2140 by 26 results in 82.3.
Answer:
Find below:
Step-by-step explanation:
To determine this, we will either calculate the total cost of acquiring 40 bouquets at $2.50 each or find the single bouquet’s cost at $120.
Cost of one in pack of 40 priced at $120.
120 divided by 40 equals $3
Now, we notice that $3>$2.50
This indicates Kendra has made an error by purchasing the 40 bouquet pack at $120
Hope this helps.
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The minimum number of batches Joyce can produce is one.
The expected value is calculated by subtracting the expected cost from the anticipated income.
The expected cost is fixed at $5.
The anticipated income arises from the probability associated with each outcome multiplied by its respective reward.
=> For the first prize: probability * prize = (1 / 100) * $ 100 = $1
=> For the second prize: probability * prize = (5 / 100) * $20 = $1
Thus, the expected value comes out to $1 + $1 - $5
This gives us an expected value of - $3
Final answer: - $ 3