Amagazine subscription service is having a contest in which the prize is 80,000. if the company receives 1 million entries, what is the expectation of the contest?
$

Expectation of the contest = $0.08

Step-by-step explanation:

Amount of the contest prize = $80000

Total entries received = 1 million

Probability of winning the contest =

Expectation of the contest will be determined by the formula

P = (winning amount) × (probability to win the contest)

  =

  = $0.08

Therefore, the expectation of the contest will be $0.08.

40 minutes

step-by-step explanation:

add the time and multiply by 2

step-by-step explanation:

let

we know that

the y-intercept is the y-coordinate of the point when the value of x is equal to zero

so

the y-coordinate of the point a is the y-intercept

the answer part a) is

the value of y-intercept is

part b) find the slope m

we know that

the value of the slope is equal to

substitute the values

therefore

the answer part b) is

the value of the slope is equal to

the general answer is

the slope is

the value of y-intercept is