Question
A raffle offers a first prize of$1000, 2 second prizes of$300, and 20 third prizes of$10 each. If 10000 tickets are sold at 75 cents
A raffle offers a first prize of$1000, 2 second prizes of$300, and 20 third prizes of$10 each. If 10000 tickets are sold at 75 cents each, find the expected winnings for a person buying 1 ticket.
What are the expectedwinnings?
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Essentials Of College Algebra
Authors: Margaret L Lial, John E Hornsby, David I Schneider, Teresa McGinnis
10th Edition
0321970632, 9780321970633
