Sunday

March 1, 2015

March 1, 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

**Answer this Question**

**Related Questions**

Math - Sam bought 1 of 250 tickets selling for $2 in a game with a grand prize ...

math - Sam bought 1 of 250 tickets selling for $2 in a game with a grand prize ...

math - Sam bought 1 of 250 tickets selling for $2 in a game with a grand prize ...

math - sam bought 1 of 250 tickets selling for $2 in a game with a grand prize ...

MATH Prob. - Sam bought 1 of 250 tickets selling for $2 in a game with a grand ...

Math157 - I am having problems finding the correct way to solve this problem. I ...

Math - A raffle sold 400 tickets and awards a grand prize of $1,000. Was $4 a ...

college math - sam bought 1 of 250 tickets for $2 in a raffle with the prize of...

Math 142 - 800 hundred chances are sold at $2 apiece for a raffle. There is a ...

Math - Debra is buying prizes for a game at her school's fundraiser. The game ...