Anonprofit organization plans to hold a raffle to raise funds for its operations. a total of 1,000 raffle tickets will be sold for $1.00 each. after all the tickets are sold, one ticket will be selected at random and its owner will receive $50.00. the expected value for the net gain for each ticket is -$0.95. what is the meaning of the expected value in this context?

ticket owner loses an average of $0.95 per raffle ticket

Step-by-step explanation:

No profit organization plans to hold a raffle to raise funds for its operation .The expected value in this context is that ticket owner loses an average of $ 0.95

step-by-step explanation: 2

mrbilldoesmath!

answer: a parabola

steps:

(x-1)(x+4)   = x(x+4) - 1(x+4) = (x^2 + 4x) - (x+4)

                = x^2 +4x -x -4   = x^2 +3x -4

which is a parabola

mrb