Posts Tagged ‘Word’

Probability Word Problem (calculus) ?

Thursday, December 17th, 2009

I am having trouble with my last hw problem so any help or start is appreciated.
A service organization is selling $2 raffle tickets as part of a fundraiser. The first prize is a boat valued at $2950, second is a tent at $400. In addition to the 1st and 2nd prizes, there are 25 $20 gift cards to be given. The number of tickets sold is 300.
Find the expected net gain to the player for one play of the specific game.


Powered by Yahoo! Answers

Powered by WP Robot

Powered by Yahoo! Answers