Tuesday
March 31, 2015

Homework Help: Math

Posted by Lillian on Monday, August 5, 2013 at 10:49pm.

Pedro has two options: he can enter raffle number 1, OR raffle number 2 along with raffle number 3. If Pedro chooses to enter raffle number 1, he can buy up to 100 raffle tickets. Each ticket has a 1 in 50 chance of getting selected. If Pedro chooses raffle number 2/raffle number 3, he will have a 1 in 10 chance for raffle 2, and a 1 in 20 chance for raffle 3. However, if Pedro chooses to enter raffle number 2/raffle number 3, he can only buy one ticket for raffle number 2, and one ticket for raffle number 3. Which option should Pedro choose--buying 100 tickets for raffle one, or buying one ticket for both raffle two and raffle 3?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Statistics - If 1000 raffle tickets were sold for a TV prize that is worth $275 ...
Math - In a raffle, the prizes that can be won are as follows: 25 gift ...
Math - it cost $2 to buy a raffle ticket. if there are 500 tickets sold, and ...
Math - The winner of a raffle will receive 3/4 of the 530.40 raised from raffle ...
Math - Volunteers working to raise funds for a new community library sold 1000 ...
College Math - Volunteers working to raise funds for a new community library ...
math - heather had $23 to spend on three raffle tickets. after buying them she ...
Math - In a raffle, 5 winners get to choose from 5 prizes, starting with the ...
Algebra 1 - You had $22 to spend on four raffle tickets. After buying them you ...
Statistics - There is a $2 raffle with a first prize of $10000, a second prize ...

Members