80 people enter the race and they each pay an entry fee of

Assignment Help Mathematics
Reference no: EM13591702

A community 5K run will award $50 to the winner. 80 people enter the race, and they each pay an entry fee of $20. Assuming they are all equally likely to win, what is a fair price for the competition? Round to the nearest cent.

Reference no: EM13591702

Questions Cloud

Prepare a monthly manufacturing overhead flexible budget : malone company estimates that 360000 direct labor hours will be worked during the coming year 2008 in the packaging
What is the length of the inner lane of the track including : a running track has a straight legs of length 100 yards that are 60 yards apart. what is the length of the inner lane
Why does it take a temperature of almost 800 degrees c to : question why does it take a temperature of almost 800 degrees c to melt nacl but stirring in water at room temperature
Explain whether you expect the bond in each molecule to : explain whether you expect the bond in each molecule to become stronger weaker or unchanged upon 1-electron oxidation
80 people enter the race and they each pay an entry fee of : a community 5k run will award 50 to the winner. 80 people enter the race and they each pay an entry fee of 20.
Shannon company is planning to produce 2000 units of : shannon company is planning to produce 2000 units of product in 2014. each unit requires 3 pounds of materials at 5 per
On june 8 alton co issued an 76466 7 120-day note payable : on june 8 alton co. issued an 76466 7 120-day note payable to seller co. assuming a 360-day year for your calculations
Slick corporation is a small producer of synthetic motor : slick corporation is a small producer of synthetic motor oil. during may the company produced 5000 cases of lubricant.
Nancy gave her grandson sean twenty acres of land her tax : nancy gave her grandson sean twenty acres of land. her tax basis in the land was 25000. nancys marginal tax rate for

Reviews

Write a Review

Mathematics Questions & Answers

  Find the monthly salary

Write an equation and solve: Each month an employee has $75 invested in a stock investment plan. This amounts to 5 percent of the employee's monthly salary. Find the monthly salary.

  What is the probability that it will be a ten-dollar bill

A bankroll contains ten one-dollar bills and five ten-dollar bills. Two of these are stolen and their denomination is unknown. If a bill is chosen at random from those left, what is the probability that it will be a ten-dollar bill?

  State a rectangular field is to be enclosed with a fence

A rectangular field is to be enclosed with a fence. One side of the fence is against an existing fence, so that no fence is needed on that side. If material for the fence costs $2 per foot for the two ends and $4 per foot for the side parallel to ..

  What is the maximum profit that the cruise line

what is the maximum profit that the cruise line can make on one trip? how many passengers must sign up for the maximum to be reached and what price will each pay?

  Use the chain rule to find the indicated partial derivatives

Use the Chain Rule to find the indicated partial derivatives.

  What is the length of each side of the square

A square and a rectangle have the same area. The length of the rectangle is 3 meters more than the length of a side of the square. The width of the rectangle is 2 meters less than the length of a side of the square. What is the length of each side..

  An archaeological sample has only 25 of c-14 as much as in

an archaeological sample has only 25 of c-14 as much as in a living sample.knowing that the half-life of c-14 is 5800

  Determine the minimum production level required

Determine the minimum production level required for a day's production to be in the top 5% of production levels.

  Determine an equation for the right bisector

Determine an equation for the right bisector of the line segment with endpoints P(-5,-2) and Q(3,6)

  Find the speed of the current and the equivalent rate

A man rows a boat 350 feet upstream against a constant current in 10 minutes. He then rows 275 feet downstream (with the same current) in 5 minutes. Find the speed of the current and the equivalent rate at which he can row in still water.

  Find the probability mass functions of x and y

Let X be the number of random numbers selected from {0,1,2,...,9} independently until 0 is chosen. Find the probability mass functions of X and Y = 2X + 1.

  Which is an important function in physics and engineering

where cosh(x)=(e^x+e^-x)/2 is the hyperbolic cosine, which is an important function in physics and engineering.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd