Please help! Correct answer only! I've been stuck on this question for hours and I need to finish this assignment before tomorrow. In a raffle, one ticket out of 500 will win a $390 prize, three tickets will win a $230 prize, and sixteen tickets will win a $170 prize. The remaining tickets will win nothing. If you have a ticket, what is the expected payoff?

The first question was answered on another page.

As for your second question, you are unfortunately not correct.

We can check each possible answer by adding up the costs for each road. I recommend getting a marker out to trace the path, to help keep track of which roads were taken.

So we have...

We see that Circuit ACDBA is the cheaper route of the answer choices given, and it perfectly matches with choice 2.

This may or may not be the cheapest route. I'm not all that familiar with the Nearest Neighbor algorithm to properly find the cheapest route (the next best thing is brute force). Luckily we can just use the answer choices as shown above. Besides the question doesn't ask for the absolute cheapest, but instead, "one of the cheapest".

an advantage of the standard deviation is that it increases as the dispersion of the data increases. e. the interquartile range is preferred when the data are not skewed or no have outliers. an advantage of the standard deviation is that it uses all the observations in its computation.