Ten thousand scratch off lottery tickets are sold each day. Each of these lottery tickets cost $3. There are five winners: a $1000 winner; two $200 winners, and two $50 winners. What is the expected value if you buy one ticket? Explain what this means.

In a coin and die game, you roll a fair six-sided die and toss a coin. If you roll a 6 and toss a tails, you gain $110. Otherwise, you lose $10. If you were to play the game 45 times, how much money can you expect to gain or lose? Round the expected value for one game to the nearest cent. Enter an expected loss as a negative number.

Ten thousand raffle tickets are sold for $2 each. One first prize of $1400, 3 second prizes of $800 each, and 9 third prizes of $400 each are to be awarded, with all winners selected randomly. If you purchase one ticket, what are your expected winnings? Round your answer to the nearest cent.

The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $6 each and will sell 900 tickets. There is one $1,000 grand prize, three $500 second prizes, and fifteen $30 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent. Question Help: Written Example > Next Question %23 44 F1 19 23 14 F6 F7 F10 %23 24 &. 2 4. 8. 9. Q Y U A S D K Z V M option command .. •- JI B w/