Posted by **Jen** on Tuesday, July 19, 2011 at 5:32pm.

One thousand raffle tickets are sold for $4.00 each. One grand prize of $800 and two consolation prizes of $100 each will be awarded. Jeremy purchases one ticket. Find his expected value.

## Answer This Question

## Related Questions

- Math - One thousand raffle tickets are sold for $4.00 each. One grand prize of $...
- geometry - One thousand raffle tickets are sold for 4.00 each. one grand prize ...
- Math - One thousand raffle tickets are sold for $1.00 each. One grand prize of $...
- geometry - One thousand raffle tickets are sold for $1.00 each. One grand prize ...
- Math - Volunteers working to raise funds for a new community library sold 1000 ...
- College Math - Volunteers working to raise funds for a new community library ...
- stats math - Suppose you are selling raffle tickets for $3.00 each. You have the...
- math - Ten thousand raffle tickets are sold. 1 first prize of $1800, 3 second ...
- math - five hundred raffle tickets are sold for $2 each. one prize of $400 is to...
- Math - it cost $2 to buy a raffle ticket. if there are 500 tickets sold, and ...

More Related Questions