document.write( "Question 675571:  PLEASE HELP!!!!\r
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document.write( "Suppose a charitable organization decides to raise money by raffling a trip worth $500. If 3000 tickets are sold at $1 each, find the expected net winnings in dollars for a person who buys 1 ticket. \n" );
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Algebra.Com's Answer #419928 by MathLover1(20850)    You can put this solution on YOUR website! \n" ); document.write( "If he wins, the change in his financial holdings is $ \n" ); document.write( "\n" ); document.write( "If he loses, the change in his financial holdings is $ \n" ); document.write( "\n" ); document.write( "The probability he will win is \n" ); document.write( "\n" ); document.write( "and the probability he will lose is \n" ); document.write( "\n" ); document.write( "Therefore, his expected net winnings are:\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "= \n" ); document.write( "\n" ); document.write( "= \n" ); document.write( "\n" ); document.write( "= \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "  |