A raffle has a grand prize of a Alaskan cruise valued at $15000 with a second prize of a weekend in San Diego valued at $700. If each ticket costs $2 and 11600 tickets are sold, what are the expected winnings far a ticket buyer? Express to at least three decimal place accuracy in dollar form (as opposed to cents). Answer: $_____
A raffle has a grand prize of a Alaskan cruise valued at $15000 with a second prize of a weekend in San Diego valued at $700. If each ticket costs $2 and 11600 tickets are sold, what are the expected winnings far a ticket buyer? Express to at least three decimal place accuracy in dollar form (as opposed to cents). Answer: $_____
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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A raffle has a grand prize of a Alaskan cruise
valued at $15000 with a second prize of a weekend in San Diego
valued at $700. If each ticket costs $2 and 11600 tickets are sold,
what are the expected winnings far a ticket buyer? Express to
at least three decimal place accuracy in dollar form (as opposed to cents).
Answer: $_____
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