document.write( "Question 387353: I am not sure I got this correct here is the word problem:
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document.write( "One thousand raffle tickets are sold for $2.00 each. One grand prise of $800 and two consolation prizes of $100 each will be awarded. Samuel purchaases one ticket. Find the expected value. (Show ALL your work in full or credit will not be given)
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document.write( "This is waht I have but I am not sure I did it correct. Please help me :)\r
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document.write( "1/1000 * 798 + 2/1000 * 98 + 997/1000 * -2
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document.write( "= .798 + .196 - 1.994 = .764
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document.write( "so Samuels expected value is .76 cents.\r
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document.write( "Is this correct? If not can anyone help me out.
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document.write( "Thank you very much. \n" );
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Algebra.Com's Answer #273805 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! That looks good. \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |