SOLUTION: Please help me solve this:
A lottery offers one $2000 prize, two $500 prize, and four $100 prizes. One thousand tickets are sold at $4 each. Find the expected value(mean) If one
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Question 865897: Please help me solve this:
A lottery offers one $2000 prize, two $500 prize, and four $100 prizes. One thousand tickets are sold at $4 each. Find the expected value(mean) If one person buys a ticket.
I also have to put it into a chart and am very confused.
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
$3.40
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