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Mathematics, 14.07.2020 21:01 matthewsorrow02

Ten thousand raffle tickets are sold for $1 each. One first prize of $2000, 4 second prizes of $700 each, and 8 third prizes of $300 each are to be awarded, with all winners selected randomly. If you purchase one ticket, what are your expected winnings? 132 cents -$0.28 72 cents -$0.88

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Ten thousand raffle tickets are sold for $1 each. One first prize of $2000, 4 second prizes of $700...
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