You pay $20 to enter a raffle. The first ticket drawn wins $964, the second ticket drawn wins $522, the third through fifth win $186, and the sixth through tenth win $50. Suppose 2696 tickets were sold. What is the expected earning on your ticket?
You pay $20 to enter a raffle. The first ticket drawn wins $964, the second ticket drawn wins $522, the third through fifth win $186, and the sixth through tenth win $50. Suppose 2696 tickets were sold. What is the expected earning on your ticket?
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 10PTTS
Related questions
Question
You pay $20 to enter a raffle. The first ticket drawn wins $964, the second ticket drawn wins $522, the third through fifth win $186, and the sixth through tenth win $50. Suppose 2696 tickets were sold. What is the expected earning on your ticket?
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