Sunday
May 24, 2015

Homework Help: Statistics

Posted by Patty on Sunday, July 28, 2013 at 10:38pm.

There is a $2 raffle with a first prize of $10000, a second prize of $500, and a 3rd prize of $100. If 1000 tickets are sold find the expected value. How much should the raffle ticket cost to make this a fair game?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Members