Lottery Prizes A lottery offers one $900 prize, one $700 Prize, three $400 prizes, and four $100 prizes. One thousand tickets are sold at $6 each. Find the expectation if a person buys three tickets. Assume that the player's ticket is replaced after each draw and that the same ticket can win more than one prize.

MATLAB: An Introduction with Applications
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Chapter1: Starting With Matlab
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Lottery Prizes A lottery offers one $900 prize, one $700 Prize, three $400 prizes, and four $100 prizes. One thousand tickets are sold at $6 each. Find the expectation if a person buys three tickets. Assume that the player's ticket is replaced after each draw and that the same ticket can win more than one prize. Round to two decimal places for currency problems.

The expectation if a person buys three tickets is dollar(s

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