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English, 18.07.2019 18:50 imogengrzemskip4rq0p

Alottery has a grand prize of $140,000, three runner-up prizes of $14,000 each, seven third-place prizes of $3500 each, and twenty-five consolation prizes of $350 each. if 700,000 tickets are sold for $1 each and the probability of any one ticket winning is the same as that of any other ticket winning, find the expected net winnings on a $1 ticket.

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Alottery has a grand prize of $140,000, three runner-up prizes of $14,000 each, seven third-place pr...
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