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January 31, 2015

January 31, 2015

Posted by **P-Dub** on Thursday, April 1, 2010 at 10:43am.

with a grand prize of $400. Was $2 a fair price to pay for

a ticket to play this game?

- MATH -
**Reiny**, Thursday, April 1, 2010 at 11:43amexpected return = (1/250)(400) = 1.6

If it was some kind of fund-raiser ?

What do you think?

- MATH -
**P-Dub**, Friday, April 2, 2010 at 3:11pmI got -0.40 so how did you go about getting this answer

- MATH -
**P-Dub**, Friday, April 2, 2010 at 3:41pmI see how you got it now thanks

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