SOLUTION: Please be kind enough to answer my problems
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Ten thousand raffle tickets are sold for $5 each. Four prizes will be awarded: one for $5000, one for $2500, and t
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Ten thousand raffle tickets are sold for $5 each. Four prizes will be awarded: one for $5000, one for $2500, and t
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Question 463905: Please be kind enough to answer my problems
Thank you so much
Ten thousand raffle tickets are sold for $5 each. Four prizes will be awarded: one for $5000, one for $2500, and two for $1000. Assume that the probability that any given ticket is selected for the $5000 prize is 1/10,000 the probability that any given ticket is select for $2500 prize is 1/10,000 And the probability is select for a $1000 prize is 2/10,000. Sidhardt purchases one of these tickets.
This is my third problem and no one has answer the first two. I need the answer within 5 hours. Will denoted once the problems be solve Answer by amoresroy(361) (Show Source):
