Problem 3 At a raffle, there is a grand prize of $200 and five consolation prizes of $20.
They sell 500 tickets.
At the end of the day, six winning tickets are drawn at random - meaning
that every ticket sold has the same probability of 1/500 to win any one of
the six prizes.
a) What are the expected winnings of this game (the expected value of the
amount one ticket wins)?
b) One ticket costs $3. What is the expected value of one ticket? Please
show work - the answer alone will not get full credit.

answer: 0+0=0

step-by-step explanation:

that is the only answer that can make 0

the answer would be 1 1/72

step-by-step explanation:

you can rewrite the equation by separating the parts and then solving individually:

10-9=1

1/8 - 1/9=

find l c d and then combine:

1 1/72

lol, i have been using this product for a while and the second half of the year for a lon and the first time in a long time ago that the government has not yet received enough votes to be a good the first place in the world to be able to do it in my world life, i

55 because 55 + 55 = 110 good luck babe