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Business, 09.07.2019 17:00 xthatshepoxy

One state lottery has 1,200 prizes of $1; 110 prizes of $10; 25 prizes of $70; 5 prizes of $290; 2 prizes of $1,210; and 1 prize of $2,500. assume that 26,000 lottery tickets are issued and sold for $1. what is the lottery's expected profit per ticket?

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One state lottery has 1,200 prizes of $1; 110 prizes of $10; 25 prizes of $70; 5 prizes of $290;...

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