Posted by **tony** on Monday, January 7, 2013 at 7:38pm.

one hundred raffle tickets are sold for $3 each. one prize of $200 is to be rewarded.Lisa purchases one ticket.

a- what is her expected value

b- what is the fair price for a ticket?

- math - expected value and fair price -
**xxcx**, Wednesday, August 28, 2013 at 10:23pm
sxcxc

## Answer this Question

## Related Questions

- math - five hundred raffle tickets are sold for $2 each. one prize of $400 is to...
- math - 100 raffle tickets are sold for 3 dollars each. One prize of 200 is to ...
- algebra 2 - need help with , five hundred raffle tickets are sold for $3.00 each...
- liberal arts math 1 - Five hundred raffle tickets were sold for $2 each. A ...
- algebra 2 - I need help with this problem please five hundred raffle tickets are...
- 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 - 1000 tickets for prizes are sold for $2 each. Seven prizes will be ...
- geometry - One thousand raffle tickets are sold for $1.00 each. One grand prize ...
- Math - One thousand raffle tickets are sold for $1.00 each. One grand prize of $...

More Related Questions