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.
1 answer
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.
2 answers