Eight thousand raffle tickets are sold. One first prize of $1000, two second prizes of $500, and three third prizes of $100 each will be awarded, with all winners selected randomly. If you purchased one ticket, what are your expected gross winnings? cents The expected gross winnings are (Round your answer to the nearest whole cent.) D
Eight thousand raffle tickets are sold. One first prize of $1000, two second prizes of $500, and three third prizes of $100 each will be awarded, with all winners selected randomly. If you purchased one ticket, what are your expected gross winnings? cents The expected gross winnings are (Round your answer to the nearest whole cent.) D
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter7: Applying Fractions
Section7.1: Ratios
Problem 25WE
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Help, please! I am struggling with this problem. Please show your work I have a couple of problems like this one.
![Eight thousand raffle tickets are sold. One first prize of $1000, two second prizes of $500, and three third prizes of $100 each will be awarded, with all
winners selected randomly. If you purchased one ticket, what are your expected gross winnings?
The expected gross winnings are cents
(Round your answer to the nearest whole cent.)
D](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F361f1988-fe30-491d-b621-85c8f6041ffc%2F9d0ab525-b5c9-497c-854b-42ae230302c0%2Fg2262ga_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Eight thousand raffle tickets are sold. One first prize of $1000, two second prizes of $500, and three third prizes of $100 each will be awarded, with all
winners selected randomly. If you purchased one ticket, what are your expected gross winnings?
The expected gross winnings are cents
(Round your answer to the nearest whole cent.)
D
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