document.write( "Question 1015748: You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this
\n" ); document.write( "lottery. In this lottery there are one $500 prize, two $100 prizes, and four $25 prizes. Find your expected gain or loss.
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Algebra.Com's Answer #632238 by Fombitz(32388)\"\" \"About 
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Find the probability of the 3 prizes
\n" ); document.write( "\"P%281%29=1%2F100\" $500 prize
\n" ); document.write( "\"P%282%29=2%2F100\" $100 prize
\n" ); document.write( "\"P%283%29=4%2F100\" $25 prize
\n" ); document.write( "\"P=100%2F100-%281%2B2%2B4%29%2F100=93%2F100\" No prize
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\n" ); document.write( "\"E=+4.90+%2B+1.80+%2B0.6+-9.3+\"
\n" ); document.write( "\"E=-2+\"
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