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Suppose you are selling raffle tickets for $3.00 each. You have the following prizes.1 grand prize of $150 1 prize of $75 1 prize of $50 1 prize of $25 5 prizes of $10 each A total of 500 raffle tickets are sold. What is the
asked by denise on November 26, 2012 
Statistics
There is a $2 raffle with a first prize of $10000, a second prize of $500, and a 3rd prize of $100. If 1000 tickets are sold find the expected value. How much should the raffle ticket cost to make this a fair game?
asked by Patty on July 28, 2013 
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an organization is selling raffle tickets for 20$ each. you purchase one of 500 raffle tickets. the prize for this raffle is 6000$. what is your expected winnings?
asked by Tony on November 4, 2017 
College Math
Volunteers working to raise funds for a new community library sold 1000 raffle tickets at $10 each. Tickets are to be randomly drawn and prizes are awarded as follows: one prize of $1,000, twenty prizes of $50 and one hundred
asked by James on December 1, 2012 
Math
Volunteers working to raise funds for a new community library sold 1000 raffle tickets at $10 each. Tickets are to be randomly drawn and prizes are awarded as follows: one prize of $1,000, twenty prizes of $50 and one hundred
asked by James on December 1, 2012

geometry
One thousand raffle tickets are sold for 4.00 each. one grand prize of $800 and two consolation prizes of $ 100 each will be awarded. Jeremy purchases one ticket. Find his expected value.
asked by angela on July 24, 2012 
Math
One thousand raffle tickets are sold for $1.00 each. One grand prize of $400 and two consolation prizes of $100 each will be awarded. Jeremy purchases one ticket. Find his expected value. ??
asked by Jen on July 30, 2011 
Math
One thousand raffle tickets are sold for $4.00 each. One grand prize of $800 and two consolation prizes of $100 each will be awarded. Jeremy purchases one ticket. Find his expected value.
asked by Jen on July 19, 2011 
Math
One thousand raffle tickets are sold for $4.00 each. One grand prize of $800 and two consolation prizes of $100 each will be awarded. Jeremy purchases one ticket. Find his expected value.
asked by Jen on July 21, 2011 
geometry
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.
asked by angela on June 6, 2012