document.write( "Question 1023026: One thousand tickets ae sold at $1 each for a grand prize of $500.00. What is the expected value if a person purchases a single ticket? \n" ); document.write( "
Algebra.Com's Answer #638625 by robertb(5830)\"\" \"About 
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Assuming only 1 ticket out of the 1,000 sold would win the $500, the expected value would be \r
\n" ); document.write( "\n" ); document.write( "\"%281%2F1000%29%2A%28499%29%2B%28999%2F1000%29%2A%28-1%29++=-0.50\",\r
\n" ); document.write( "\n" ); document.write( "or, he is expected to lose $0.50.
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