MATHEMATICAL Asso IA K webwork m360ryu set3chap312 Set 3Chap3: Problem 2 Previou

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MATHEMATICAL Asso IA K webwork m360ryu set3chap312 Set 3Chap3: Problem 2 Previous Problem List Need Caribbean cruise valued at $8000 with a second prize of a in San Diego (1 point)A raffe has a grand prize of a valued at $900. It each ticket costs s3 and 8200 sckets are sold, what are the expected winnings tar a ticket buyer? Express to at least three decimal place accuracy in dollar form (as opposed to cents). Preview My Answers Submit Answers You have attempted this problem 0 times. You have unlimited attempts remaining. Ema Instructor Page venerated at 21 2017 a

Explanation / Answer

expected Winning amount = 1st prize * 8000 + 2nd prize*900 - 3

=8000/8200 + 900/8200 - 3 = -1.915

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