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a lottery offers one $1000 prize,the probability of getting 1000 dollars back is 1/1000. the probability of getting 500 dollars back is 1/1000. the probability of getting 100 dollars back is 5/100. the expectation on .
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Lottery Prizes A lottery offers one $1000 prize, one $500 prize, and five $100 prizes. One thousand tickets are sold at $3 each. Find the expectation if a person buys one ticket.
a lottery offers one $1000 prizeLottery Prizes A lottery offers one $1000 prize, one $500 prize, and five $100 prizes. One thousand tickets are sold at $3 each. Find the expectation if a person buys one ticket.
A lottery offers one $1000 prize, one $500 prize, and five $100 prizes. One thousand tickets are sold at $3 each. Find the expected value if a person buys two tickets. .
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