expected value of the drawing if 1000 tickets are sold for $5 each a person purchases one ticket.

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter4: Polynomials
Section4.6: Multiplying Polynomials
Problem 27WE
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3.) A lottery offers one $1000 prize, two $500 prizes and five $100 prizes. Find the
expected value of the drawing if 1000 tickets are sold for $5 each a person
purchases one ticket.
Transcribed Image Text:3.) A lottery offers one $1000 prize, two $500 prizes and five $100 prizes. Find the expected value of the drawing if 1000 tickets are sold for $5 each a person purchases one ticket.
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