Mathematics

Mathematics, 09.07.2019 16:50, Maria3737

Suppose you buy 1 ticket for $1 out of a lottery of 1000 tickets where the prize for the one winning ticket is to be $1000. what is your expected value?

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Mathematics, 22.07.2019 10:00, ryleerod07

: a sorority is selling 1000 raffle tickets to raise money for a charity. the prize is a $100 gift card to the campus bookstore. amy says that the probability that she has the winning ticket is 1. assuming that there is no cheating and that all 1000 tickets are sold , how many raffle tickets does amy have

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Mathematics, 23.07.2019 08:40, trevorhenyan51

Raffle ticket sales a civic group sells 1000 raffle tickets to raise $2500 for its namesake charity. first prize is $1000, second prize is $300, and third prize is $200. how much should the group charge for each ticket?

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Mathematics, 01.08.2019 17:00, lays20001

Araffle has 10000 tickets. the grand prize wins a motorcycle worth $9000. additionally, there is one ticket that pays $2000 and another one that pays $1000. the remaining tickets will win nothing. if you have a ticket, what is the expected payoff for that ticket? a)$.90 b)$1.00 c)$1.20 d)$1.80

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Mathematics, 01.08.2019 19:00, ericamoody14

Araffle has 10000 tickets. the grand prize wins a motorcycle worth $9000. additionally, there is one ticket that pays $2000 and another one that pays $1000. the remaining tickets will win nothing. if you have a ticket, what is the expected payoff for that ticket? a)$.90 b)$1.00 c)$1.20 d)$1.80

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