Asked by Kim
A lottery offers one $800 prize, one $400 prize, and ten $80 prizes. One thousand tickets are sold at $3 each. Find the expectation if a person buts two tickets. Assume that each ticket can win more than one prize.
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Anonymous
A lottery offers one $800 prize, one $400 prize, and ten $80 prizes. One thousand tickets are sold at $3 each. Find the expectation if a person buts two tickets. Assume that each ticket can win more than one prize.
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