Question content area top Part 1 One thousand tickets are sold at $1 each. One ticket will be randomly selected and the winner will receive a color television valued at $359. What is the expected value for a person that buys one​ ticket? Round the answer to the nearest cent.         Question content area bottom Part 1

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 7MCQ
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Question content area top

Part 1
One thousand tickets are sold at
$1
each. One ticket will be randomly selected and the winner will receive a color television valued at
$359.
What is the expected value for a person that buys one​ ticket? Round the answer to the nearest cent.
 
 
 
 

Question content area bottom

Part 1
 
A.
​$1.00
 
B.minus $ 0.64
−$0.64
 
C.
−​$1.00
 
D.$ 0.64
$0.64
 
 

 

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