Mathematics, 16.11.2020 23:40 taterbuglee2003
Suppose 50 raffle tickets were sold to 20 men and 30 women. Each Ticket costs $250 and there are three prizes: one $10,000 prize and two $500 prizes, Three tickets are drawn simultaneously to determine the prize winners.
a.) What are the chances that at least two women win prizes?
b.) What are the expected winnings losses for each ticket purchased?
Answers: 3
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Suppose 50 raffle tickets were sold to 20 men and 30 women. Each Ticket costs $250 and there are thr...
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