document.write( "Question 1167070: The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $8 each and will sell 500 tickets. theire is one $3,000 grand prize, three $500 second prizes, and elecen $30 third prizes. You just bought a ticket. Find the expected value for your profit.Round to the nearest cent. \n" ); document.write( "
Algebra.Com's Answer #791654 by greenestamps(13200)\"\" \"About 
You can put this solution on YOUR website!


\n" ); document.write( "The prize money is more than the total cost of the tickets... so they aren't going to raise any money.

\n" ); document.write( "That suggests the given information is faulty, so there is no sense in trying to solve the problem as stated.

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