document.write( "Question 199667: Hello is anyone here to help me I really can use some help please thank you\r
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document.write( "1000 raffle tickets are sold at $3 each. One grand prize of $100 and two consolation prizes of $75 will be awarded. Find Jake’s expectation if he purchases one ticket. \n" );
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Algebra.Com's Answer #150085 by edjones(8007)![]() ![]() You can put this solution on YOUR website! 100+2(75)=$250 prize money \n" ); document.write( "1000*3=$3,000 total money paid for tickets. \n" ); document.write( "250/3000=1/12 returned as prize money. \n" ); document.write( "3 * 1/12 = .25 prize money per ticket. \n" ); document.write( "-3.00+.25= -$2.75 Jake's expectation on a $3.00 ticket. \n" ); document.write( ". \n" ); document.write( "Ed \n" ); document.write( " |