SOLUTION: A. the association for the conservation is awarding $4000 cash and cash prizes and one & 1000 cash prize to the winners of a raffle. A total of 9000 tickets are sold for $3 each. W
Algebra.Com
Question 637058: A. the association for the conservation is awarding $4000 cash and cash prizes and one & 1000 cash prize to the winners of a raffle. A total of 9000 tickets are sold for $3 each. What is the mathematical expectation for a person who buys a ticket?
B. Explain the meaning of the expected value you found in part A.
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Sorry, can't help you if your question cannot be understood. Re-write your question in the English language so that it can be understood and then repost.
John

My calculator said it, I believe it, that settles it
RELATED QUESTIONS
In a carnival organized by Youth 4B, competition is conducted. One of the competition is... (answered by Boreal)
One hundred tickets are sold for a movie at the cost of $10 each. Some tickets have cash... (answered by Theo)
Imagine that you are a participant in a game show, where "free" money is given away.... (answered by stanbon)
A raffle has $5 tickets and is selling 2000 of these tickets. The prizes are 1st place:... (answered by Edwin McCravy)
One month a family had cash receipts of $876.16. Their excess of cash receipts above... (answered by ikleyn)
a contest winner received one fourth of his winning in cash and received four prizes each (answered by lwsshak3)
A contest winner received one fourth of his winnings in cash, and received four prizes,... (answered by rfer,MathTherapy)
A bank teller was to cash a check for $260 with three times as many one-dollar bills as... (answered by EMStelley,josmiceli)
A cash register contains only five dollar and ten dollar bills. It contains twice as many (answered by wuwei96815)