Posted by **Krista** on Saturday, February 11, 2012 at 10:11pm.

Seven thousand raffle tickets are to be sold at $10 each to benefit a local community group. The prizes, the number of each prize to be given away, and the dollar value of winnings for each prize are as follows:

Prize Number to Be

Given Away Dollar Value

Automobile 2 $21,730

Entertainment center 5 4,191 each

DVD recorder 4 610 each

Gift certificate 55 22 each

If you buy one ticket, calculate your expected winnings. (Form the probability distribution of x = your dollar winnings, and remember to subtract the cost of your ticket.)

Any help would be greatly appriciated. Thanks

## Answer This Question

## Related Questions

- math - Seven thousand raffle tickets are to be sold at $10 each to benefit a ...
- Math - Seven thousand raffle tickets are to be sold at $10 each to benefit a ...
- statistics - Five thousand raffle tickets are to be sold at $10 each to benefit...
- stats math - Suppose you are selling raffle tickets for $3.00 each. You have the...
- Math - Volunteers working to raise funds for a new community library sold 1000 ...
- math - Ten thousand raffle tickets are sold. 1 first prize of $1800, 3 second ...
- College Math - Volunteers working to raise funds for a new community library ...
- Math/Probability/Statistics - Find the expected value and the standard deviation...
- Statistics - There is a $2 raffle with a first prize of $10000, a second prize ...
- statistics - A lottery offers one $800 prize, one $400 prize, and ten $80 prizes...

More Related Questions