Register

A lottery offers one $1000 prize, one $500 prize, and eight $100 prizes. one thousand tickets are sold at $4.00 each. find the expectation if a person buys five tickets.

A lottery offers one $1000 prize, one $500 prize, and eight $100 prizes. one thousand tickets are sold at $4.00 each. find the expectation if a person buys five tickets.
asked 76.8k views
3 votes
a lottery offers one $1000 prize, one $500 prize, and eight $100 prizes. one thousand tickets are sold at $4.00 each. find the expectation if a person buys five tickets.

asked
User Henrique Zambon
by
7.8k points

1 Answer

1 vote

Answer:

he would have a 50% chance of getting one of the 10 prizes

answered
User Abhik Chakraborty
by
7.7k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!