document.write( "Question 199667: Hello is anyone here to help me I really can use some help please thank you\r
\n" ); document.write( "\n" ); 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.
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Algebra.Com's Answer #150085 by edjones(8007)\"\" \"About 
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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.
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