You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery. In this lottery there are one $500 prize, two $100 prizes, and four $30 prizes. Find your expected gain or loss. (Round your answer to two decimal places.)
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery. In this ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
In 2002, the price of mailing a letter was $.34 for the first ounce or part of an ounce and $.21 for each ounce or part of an ounce after the first ounce
Answers (1)
All corresponding sides are proportional (same ratio) in similar figures. True or False
Answers (2)
Levin's furniture gave a 40% discount off a $800 couch and another 20% off the discounted price for those that came in before 9 am. What was the final cost?
Answers (1)
Describe the cross section. pentagon trapezoid hexagon cube
Answers (1)
If a man's monthly salary is5000 and he spends 4200. how much did he save
Answers (1)
New Questions in Mathematics
The temperature is - 7 then rose 5 degrees
Answers (2)
What is the value of x? sin49°=cosx
Answers (1)
Is 705.003 greater than seven hundred three and five hundreths
Answers (2)
Sally can paint a room in 7 hours while it taks steve 9hours to finsh the same room. how ling will it take them to paint if they worked together?
Answers (2)
A buffet offers ranch or caesar dresing. The ratio of ranck dressing used to caesar dressing used is 8 : 3. If the buffet uses 72 cases of ranch dressing, how many cases of caesar do they use?
Answers (1)