document.write( "Question 364539: Joe’s baseball team sold 200 chances to win a $250 set of golf clubs. What is the expected value of a single chance if only one chance wins? \n" ); document.write( "
Algebra.Com's Answer #259944 by solver91311(24713)\"\" \"About 
You can put this solution on YOUR website!
\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Depends on the price of one ticket.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Let represent the price of a ticket.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Then\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "And the expected return is then:\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "John
\n" ); document.write( "
\n" ); document.write( "My calculator said it, I believe it, that settles it
\n" ); document.write( "
\"The

\n" ); document.write( "

\n" ); document.write( "
\n" ); document.write( "
\n" );