document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1142582>Question 1142582</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Suppose a local symphony decides to raise money by raffling off a microwave oven<BR>\n" );
document.write( "worth $200, a dinner for two worth $100, and 4 books worth $20 each, total of 1000<BR>\n" );
document.write( "tickets are sold at $1 each. Find the expected value of winning for a person who buys<BR>\n" );
document.write( "1 ticket in the raffle. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #763279 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52909)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><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/cgi-bin/show-face.mpl?user=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=763279\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
document.write( "Suppose a local symphony decides to raise money by raffling off a microwave oven<BR>\n" );
document.write( "worth $200, <BR>\n" );
document.write( "a dinner for two worth $100, and 4 books worth $20 each, total of 1000<BR>\n" );
document.write( "tickets are sold at $1 each. <BR>\n" );
document.write( "Find the expected value of winning for a person who buys 1 ticket in the raffle.<BR>\n" );
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document.write( "Let me note some positions in the problem formulation, that seem to be  questionable to me and need to be clarified:\r<BR>\n" );
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document.write( "    1.  Is my understanding correct that the \"dinner for two worth $100\" goes as the winning prize for 1 ticket only \r\n" );
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document.write( "        (and not for 2 tickets, as @greenestamps suggests) ?\r\n" );
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document.write( "    2.  Is my understanding correct that the \"dinner for two\" is worth $100, and not $200, as @greenestamps suggest ?\r\n" );
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document.write( "    3.  Are 4 books at the price of $20 each FOUR different prizes for 4 tickets or just ONE prize for 1 ticket ?\r\n" );
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document.write( "Please respond.\r<BR>\n" );
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document.write( "Thank you.\r<BR>\n" );
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document.write( "Dear Edwin,\r<BR>\n" );
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document.write( "I got your question to me in the comment section.  \r<BR>\n" );
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document.write( "Thank you for asking.\r<BR>\n" );
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document.write( "I do not think that your solution to this problem is (was) correct.\r<BR>\n" );
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document.write( "The repeating experiment, &nbsp;which is behind this problem, &nbsp;is taking one &nbsp;(ONE) &nbsp;ticket at the beginning of each game,\r<BR>\n" );
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document.write( "and, &nbsp;therefore, &nbsp;calculation of the Math expectation is performed as it is done by @greenestamps in his &nbsp;<U>corrected</U> &nbsp;solution.\r<BR>\n" );
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document.write( "Again, &nbsp;thank you for asking.\r<BR>\n" );
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document.write( "You are one of the best tutors in this forum: &nbsp;knowledgeable; &nbsp;accurate; &nbsp;your tone is always adequate <BR>\n" );
document.write( "and always in perfect equilibrium  with the environment.\r<BR>\n" );
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document.write( " </SPAN>\n" );
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