document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1054964>Question 1054964</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A major non-profit company is having a fundraiser by selling tickets.  The grand prize is $8,000;  8 second prizes each pay $800;  and 88 third prizes each pay $80.  What is the expectation of this sweepstakes, if there are 5,000 tickets sold? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #670510 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel555><B>jorel555(1290)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel555><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=670510\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Assuming only one grand prize is awarded, and tickets are $1 apiece, the expected payout would be:<BR>\n" );
document.write( "1/5000 x (8000+8(800)+88(80))=1/5000 x 21440=$4.288/ticket. &#9786;&#9786;&#9786;&#9786; </SPAN>\n" );
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