Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. three hundred students submitted an essay in a nat

Three hundred students submitted an essay In a nationwide essay contest. The best essay will...

50.1K

Verified Solution

Question

Basic Math

image

Three hundred students submitted an essay In a nationwide essay contest. The best essay will win a $2,000 scholarship. Ten other students will be given a $1,000 scholarship. What is the expected value of an essay submission?$40$0.04$12,000$1,500

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Psychology
1.2K views

Option 1: There is much debate about breastfeeding versus bottle feeding and which is best for...

Accounting
1.2K views

Due to erratic sales of its sole product—a high-capacity battery for laptop computers—PEM, Inc., has been...

Biology
1.2K views

You have 2 copies of a small gene that you wish replicated by PCR. After...

Biology
1.2K views

In a DNA double helix, a region along one strand of DNA has the following...

Physics
1.2K views

d it The piston cylinder arrangement shown contains a diatomic gas at temperature 300 K...

Basic Math
1.2K views

How many vertices are ADJACENT to the vertex E O 1 2 3 4 B...

Algebra
1.2K views

Aaron plays on a baseball team and the probability The probability that Betty s team...

Algebra
1.2K views

Two similar cylinders have diameters as shown below Note The figures are not drawn to...

Algebra
1.2K views

y e x 28 23 37 a Solve out for the values of y x...

Accounting
1.2K views

Under annual cash flow analysis, if projects A and B are of unequal lives but...

Accounting
1.2K views

Down Under Products, Limited, of Australia has budgeted sales of its popular boomerang for the...

Accounting
1.2K views

What was the company's total operating income? $29,750$25,250$2,250$27,500