- Ten Thousand Raffle Tickets Are Sold One First Prize Of 1000 Two Second Prizes Of 500 And Three Third Prizes Of 30 1 (11.88 KiB) Viewed 34 times
Ten thousand raffle tickets are sold. One first prize of $1000, two second prizes of $500, and three third prizes of $30
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Ten thousand raffle tickets are sold. One first prize of $1000, two second prizes of $500, and three third prizes of $30
Ten thousand raffle tickets are sold. One first prize of $1000, two second prizes of $500, and three third prizes of $300 each will be awarded, with all winners selected randomly if you purchased one ticket, what are your expected gross winnings? The expected gross winnings an (Round your answer to the nearest whole cent) cons