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)![]() ![]() 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 \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Then\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \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( " \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( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |