Tuesday

September 23, 2014

September 23, 2014

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

- Math -
**MathMate**, Wednesday, July 20, 2011 at 9:14amHint: the expected value can be found by assuming that someone bought all tickets, and therefore won all prizes. Divide the total value of the prizes by the number of tickets bought to get the 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 ...

statistics - A lottery offers one $800 prize, one $400 prize, and ten $80 prizes...

math - Ten thousand raffle tickets are sold. 1 first prize of $1800, 3 second ...

stats math - Suppose you are selling raffle tickets for $3.00 each. You have the...

Math - A lottery has a grand prize of $180,000, two runner-up prizes of $22,500 ...