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Solve step by step 1. A Random Draw lottery has sold $52,000,000 worth of tickets, with each ticket sold for $5. The prizes and their

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1. A Random Draw lottery has sold $52,000,000 worth of tickets, with each ticket sold for $5. The prizes and their frequencies are shown in the following table: Prize ($), x Number of Prizes P(x) 12,000,000.00 206,955.00 5 2,408.00 25 147.00 100 100.00 1,000 10.00 5,000 a. How many tickets were sold? b. Complete the P(x) column. c. What is the expected prize per ticket? A d. What is the expected profit per ticket

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