Page 1 of 1

The Massachusetts state lottery has 1 million tickets. There is one first prize of $50000; 9 second prizes of $2500 each

Posted: Tue Nov 23, 2021 9:36 am
by answerhappygod
The Massachusetts State Lottery Has 1 Million Tickets There Is One First Prize Of 50000 9 Second Prizes Of 2500 Each 1
The Massachusetts State Lottery Has 1 Million Tickets There Is One First Prize Of 50000 9 Second Prizes Of 2500 Each 1 (24.15 KiB) Viewed 58 times
The Massachusetts state lottery has 1 million tickets. There is one first prize of $50000; 9 second prizes of $2500 each; 90 third prizes of $250 each; 900 fourth prizes of $25 each. What is the expected value of one ticket? Five tickets?