document.write( "Question 1068562: One state lottery has 1,100 prizes of $1, 105 prizes of $10, 25 prizes of $60, 5 prizes of $290, 2 prizes of $1,180, and 1 prize of $2,600. Assume that 26,000 lottery tickets are issued and sold for $1.
\n" ); document.write( "What is the lottery's expected profit per ticket? Four Decimal Points \n" ); document.write( "
Algebra.Com's Answer #683790 by Boreal(15235)\"\" \"About 
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The lottery makes $26000 on sales
\n" ); document.write( "It pays out:
\n" ); document.write( "$1*1100=$1100
\n" ); document.write( "$10*105=$1050
\n" ); document.write( "$60*25=$1500
\n" ); document.write( "$290*5=$1450
\n" ); document.write( "$1180*2=$2360
\n" ); document.write( "$2600*1=$2600
\n" ); document.write( "Total is $10,060
\n" ); document.write( "The fraction paid out is 10,060/26,000=0.3869
\n" ); document.write( "so their expected profit per $1 is $0.6131\r
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