Question
I think I got the last part, but I am confused on the beginning three questions. The PTO is selling raffle tickets to raise money
I think I got the last part, but I am confused on the beginning three questions.
The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $4. There is 1 winning ticket out of the 160 tickets sold. The winner gets a prize worth $76.Round your answers to the nearest cent.
what is the expected value (to you) of one raffle ticket? $
what is the expected value (to you) if you purchase 8 raffle tickets. $
what is the expected value (to the PTO) of one raffle ticket? $
If the PTO sells all 160 raffle tickets, how much money can they expect to raise for the classroom supplies? 4(160)-76= $564
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Why Knot An Introduction To The Mathematical Theory Of Knots With Tangle
Authors: Colin Adams
1st Edition
0470413492, 978-0470413494
