document.write( "Question 472953: One thousand raffle tickets are sold for $2.00 each. One grand prize of $400 and two consolation prizes of $100 each will be awarded. Jeremy purchases one ticket. Find his expected value \n" ); document.write( "
Algebra.Com's Answer #324282 by edjones(8007)![]() ![]() You can put this solution on YOUR website! 1000*2=-2000 \n" ); document.write( "400+100+100=600 \n" ); document.write( "-2000+600=-1400 \n" ); document.write( "-1400 * 1/1000 = $-1.40 \n" ); document.write( ". \n" ); document.write( "Ed \n" ); document.write( " |