SOLUTION: A. the association for the conservation is awarding $4000 cash and cash prizes and one & 1000 cash prize to the winners of a raffle. A total of 9000 tickets are sold for $3 each. W
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Question 637058: A. the association for the conservation is awarding $4000 cash and cash prizes and one & 1000 cash prize to the winners of a raffle. A total of 9000 tickets are sold for $3 each. What is the mathematical expectation for a person who buys a ticket?
B. Explain the meaning of the expected value you found in part A. Answer by solver91311(24713) (Show Source):
Sorry, can't help you if your question cannot be understood. Re-write your question in the English language so that it can be understood and then repost.
John
My calculator said it, I believe it, that settles it