Lottery Prizes A lottery offers one $1000 prize, two $600 prizes, three $300 prizes, and four $200 prizes. One thousand

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Lottery Prizes A lottery offers one $1000 prize, two $600 prizes, three $300 prizes, and four $200 prizes. One thousand

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Lottery Prizes A Lottery Offers One 1000 Prize Two 600 Prizes Three 300 Prizes And Four 200 Prizes One Thousand 1
Lottery Prizes A Lottery Offers One 1000 Prize Two 600 Prizes Three 300 Prizes And Four 200 Prizes One Thousand 1 (18.35 KiB) Viewed 16 times
Lottery Prizes A lottery offers one $1000 prize, two $600 prizes, three $300 prizes, and four $200 prizes. One thousand tickets are sold at $5 each. Find the expectation if a person buys three tickets. Assume that the player's ticket is replaced after each draw and that the same ticket can win more than one prize. Round to two decimal places for currency problems. The expectation if a person buys three tickets is dollar(s).
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