Ten thousand raffle tickets are sold. One first prize of $1000, two second prizes of $500, and three third prizes of $30
Posted: Mon Jul 11, 2022 12:05 pm
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