SAT
SAT, 13.01.2022 01:00, iamasia06

An instant lottery ticket costs $2. Out of a total of 10 000 tickets printed for this lottery, 1000 tickets contain a prize of $5 each, 100 tickets have a prize of $10 each, 5 tickets have a prize of $1000 each, and 1 ticket has a prize of $5000. Let x be the random variable that denotes the net amount a player wins by playing this lottery. Determine the mean of x.

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An instant lottery ticket costs $2. Out of a total of 10 000 tickets printed for this lottery, 1000...

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