Ask Question
21 March, 18:48

Suppose you buy 1 ticket for $1 out of a lottery of 1000 tickets where the prize for the one winning ticket is to be $1000. what is your expected value?

Answers (1)
  1. T
    21 March, 20:25
    0
    The answer is 1,000,000 because if you multiply 1,000 and 1,000 you will get 1,000,000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Suppose you buy 1 ticket for $1 out of a lottery of 1000 tickets where the prize for the one winning ticket is to be $1000. what is your ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
Sign In
Ask Question