Posted by **angela** on Wednesday, June 6, 2012 at 10:25pm.

One thousand raffle tickets are sold for $1.00 each. One grand prize of $200

and two consolation prizes of $50 each will be awarded. Jeremy purchases one ticket. Find his expected value. Show your work for full credit.

## Answer This Question

## Related Questions

- 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 $...
- Math - One thousand raffle tickets are sold for $4.00 each. One grand prize of $...
- Math - One thousand raffle tickets are sold for $4.00 each. One grand prize of $...
- 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 ...
- math - Ten thousand raffle tickets are sold. 1 first prize of $1800, 3 second ...
- Math - One thousand raffle tickets are sold for 1 dollar each, one prize of 800....
- stats math - Suppose you are selling raffle tickets for $3.00 each. You have the...
- math - 1000 tickets for prizes are sold for $2 each. Seven prizes will be ...

More Related Questions