SOLUTION: 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 $5
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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. Answer by greenestamps(13198) (Show Source):
