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One thousand tickets ae sold at $1 each for a grand prize of $500.00. What is the expected value if a person purchases a single ticket?

One thousand tickets ae sold at $1 each for a grand prize of $500.00. What is the expected value if a person purchases a single ticket? Part 2:are the people selling the tickets making a profit? Why or why not.

Make a histogram showing the binomial probability distribution for the following: A waiter at the Green Spot resturant has learned from long experience that the probability that a lone diner will leave a tip is only 0.7. During one lunch hour he serves si...