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Elena L [17]
2 years ago
3

In a certain lottery, three white balls are drawn (at random) from ten balls numbered from $1$ to $10$, and one red SuperBall is

drawn (at random) from ten balls numbered from $11$ to $20$. When you buy a ticket, you select three numbers from $1$ to $10,$ and one number from $11$ to $20$. To win the jackpot, the numbers on your ticket must match the three white balls and the red SuperBall. (You don't need to match the white balls in order). If you buy a ticket, what is your probability of winning the jackpot
Business
2 answers:
klasskru [66]2 years ago
8 0

Answer:

0.00083

Explanation:

Number of white balls = 10

Number of white balls drawn = 3

Number of red superbowl = 10

Number of red superbowl drawn = 1.

Probability of drawing first white ball = 3/10

Probability of drawing second white ball = 2/9

Probability of drawing third white ball = 1/8

Probability of drawing red superbowl = 1/10

To win the jackpot, we have:

\frac{3}{10} * \frac{2}{9} * \frac{1}{8} * \frac{1}{10}

= 0.00083

Nuetrik [128]2 years ago
4 0

Answer:

1/7,200 or 0.01389%

Explanation:

since you have to choose three numbers and one superball to win the lottery, your chances will be:

chances of getting the 3 white numbers = 1/10 x 1/9 x 1/8 = 1/720

chance of getting the superball = 1/10

chances of winning the jackpot = 1/720 x 1/10 = 1/7,200 = 0.01389%

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Dodie Company completed its first year of operations on December 31. All of the year's entries have been recorded except for the
noname [10]

Answer:

A. Dr Wages expense 4,000

Cr Wages payable 4,000

B. Dr Interest receivable 1,500

Cr Interest revenue 1,500

Explanation:

Preparation of Journal entries

A. Based on the information given we were told that the company employees earned wages of the amount of $4,000, which will be paid on in January of next year which means that the Journal entry will be:

Dr Wages expense 4,000

Cr Wages payable 4,000

B. Based on the information given we were told that the company had earned the amount of $1,500 as interest revenue which means that the Journal entry will be recorded as:

Dr Interest receivable 1,500

Cr Interest revenue 1,500

5 0
2 years ago
Nofly corporation sells three different models of a mosquito "zapper." model a12 sells for $50 and has variable costs of $35. mo
Vsevolod [243]

The first step you need to do to solve this problem is to calculate the contribution margin per unit for each model:

Model                                                                                   a12                         b22                         c124

Sales Price per unit                                                          50                           100                         400

Less: Variable Cost per unit                                         35                           70                           300

Contribution Margin per unit                                      15                           30                           100

The next step is to calculate the weighted-average contribution margin per unit for the sales mix using the following formula:

Model a12 CM per Unit × Model a12 Sales Mix Percentage<span>
+ Model b22 CM per Unit × Model b22 Sales Mix Percentage
+ Model c124 CM per Unit × Model c124 Sales Mix Percentage
<span>= Weighted Average Unit Contribution Margin (WACM)</span></span>

Contribution Margin per unit                                      15                           30                           100

X Sales Mix Percentage                                                 60%                        15%                        25%

WACM                                                                                  9                              4.5                          25

Weighted Average Unit Contribution Margin (sum)                         38.5

The next step is to find the break-even point using the WACM.

<span> <span><span> <span> Total Fixed Cost </span> <span> $269,500 </span> </span> <span> <span> ÷ Weighted Average CM per Unit </span> <span> $38.50 </span> </span> <span> <span> Break-even Point in Units of Sales Mix </span> <span> 7,000 </span> </span> </span></span>

 

The next step is to calculate the number of units of each model at break-even point

<span> <span><span> <span> Model </span> <span> a12 </span> <span> b22 </span> <span> c124 </span> </span> <span> <span> Sales Mix Ratio </span> <span> 60% </span> <span> 15% </span> <span> 25% </span> </span> <span> <span> × Total Break-even Units </span> <span> 7,000 </span> <span> 7,000 </span> <span> 7,000 </span> </span> <span> <span> Product Units at Break-even Point </span> <span> 4,200 </span> <span> 1,050 </span> <span> 1,750 </span> </span> </span></span>

<span> </span>

7 0
2 years ago
Krumbly Corporation uses the FIFO method in its process costing system. At the beginning of the month, Department D's work in pr
ss7ja [257]

Answer:

the total cost is $23,200

Explanation:

The computation of the total cost of the 2,000 units transferred is as follows:

= Total cost at that point + other cost

= $13,600 + (2,000 × (1 - 0.40)  × $8)

= $13,600 + 2,000 × 60% × $8

= $13,600 + $9,600

= $23,200

hence, the total cost is $23,200

6 0
2 years ago
MotorCar, a major automobile company headquartered in Detroit, is concerned about being left behind in the race to produce auton
labwork [276]

Answer:

(1) increasing funding to its existing R&D department to expand to the development of AI (artificial intelligence) technology, needed for self-driving vehicles

This strategy would produce the benefit of puttinig the company on the edge of the development of AI in order to produce driverless vehicles.

The risk is that the investment could be too high for the initial benefit, since there is no certainty that driveless cars will be in the market in the short-term.

(2) launching a fully owned subsidiary (a new company that it owns and controls) focused exclusively on AI

This strategy would produce a similar benefit as the strategy above. However, it could also benefit from a little bit less administrative control because in this case, the AI development would be in charge of a subsidiary, not a division.

The risk is the same as above: initial investments may be too high for the initial benefits.

(3) partnering with a major Silicon Valley tech company that has already made considerable progress on AI technology.

This strategy produces the benefit of requiring less investment while still putting the company on the edge of AI research. However, the risk lies in loss of control over the thecnology, and possible future conflicts with the partner company.

8 0
2 years ago
Identify the career that matches each description.
mariarad [96]

Answer:

You didn’t provide a list so I came up with possible answers.

Choreographer

Writer

Actor/Actress

Director

8 0
2 years ago
Read 2 more answers
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