In a lottery game, each ticket cost $3. You have a 10/1000 probability of winning $100, and 30/1000 probability of winning $10. What is your expected value? Write an answer statement for this,

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Aryerez asked Jul 3, 2022

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In a lottery game, each ticket cost $3. You have a 10/1000 probability of winning

$100, and 30/1000 probability of winning $10. What is your expected value? Write an answer statement for this,

Mathematics
college

Aryerez asked Jul 3, 2022

by Aryerez

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23 votes

Answer:

$270

Explanation:

Ankur Shah answered Jul 10, 2022

by Ankur Shah

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