Question
(14) Izzo's Pizza sells four types of pizza crust. Last week, the owner tracked the number sold of each type, and this is what she
(14) Izzo's Pizza sells four types of pizza crust. Last week, the owner tracked the number sold of each type, and this is what she found.
Type of Crust Number Sold
Thin crust 294
Thick crust 346
Stuffed crust 151
Pan style 189
Based on this information, of the next5000 pizzas she sells, how many should she expect to be thin crust? Round your answer to the nearest whole number. Do not round any intermediate calculations.
( ) pizzas
(15) Jane is playing a game of chance in which she rolls a number cube with sides numbered from1 to6. The number cube is fair, so a side is rolled at random.
This game is this: Jane rolls the number cube once. She wins$1if a1
is rolled,$2 if a2 is rolled,$3if a3is rolled, and$4if a4is rolled. She loses$2.75
if a5 or6 is rolled.
(a)Find the expected value of playing the game.
( )dollars
(b)What can Jane expect in the long run, after playing the game many times?
*Jane can expect to gain money.
- She can expect to win ( )dollars per roll.
*Jane can expect to lose money.
- She can expect to lose ( ) dollars per roll.
*Jane can expect to break even (neither gain nor lose money).
(17) During 8, Alice Moore purchased175 shares of common stock issued by Logan Development Corporation for$12,700 including commission. Later in the same year, Alice sold the shares for$13,600 after commission. Calculate the following. (Round all answers to two decimal places.)
1. Profit on this stock transaction:$
2. Percentage return on investment:
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