document.write( "Question 1158318: Suppose 5000 tickets are sold in a lottery. There are three prizes: The first is $1000, the second is $500, and the third is $100. What is the mathematical expectation of winning? \n" ); document.write( "
Algebra.Com's Answer #781229 by Boreal(15235) You can put this solution on YOUR website! E(X)=1000*1/5000+500(1/5000)+100(1/5000)=$0.32 \n" ); document.write( "Does not take in the cost of the ticket, which is unknown. \n" ); document.write( " |