Multiple Choice
A lottery has one $2000 prize, two $1000 prizes, and ten $500 prizes. Two thousand tickets are sold
At $5 each. Find the expectation if a person buys two tickets.
A) -$2.00
B) -$0.50
C) -$0.25
D) -$1.00
Correct Answer:
Verified
Correct Answer:
Verified
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