janeou17xn
janeou17xn
23.09.2020 • 
Mathematics

The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $5 each and will sell 800 tickets. There is one $2,000 grand prize, three $400 second prizes, and fifteen $10 third prizes. You just bought a ticket. Find the expected value for your profit.

Solved
Show answers

Ask an AI advisor a question