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In a Lottery, 4,000 Tickets Are Sold for $1 Each

Question 200

Multiple Choice

In a lottery, 4,000 tickets are sold for $1 each. One first prize of $2,000, 1 second prize of $800, 3 third prizes of $120, and 10 consolation prizes of $12 are to be awarded. What are the expected net earnings of a person who buys one ticket?


A) In a lottery, 4,000 tickets are sold for $1 each. One first prize of $2,000, 1 second prize of $800, 3 third prizes of $120, and 10 consolation prizes of $12 are to be awarded. What are the expected net earnings of a person who buys one ticket? A) cents B) cents C) cents D) cents E) cents cents
B) In a lottery, 4,000 tickets are sold for $1 each. One first prize of $2,000, 1 second prize of $800, 3 third prizes of $120, and 10 consolation prizes of $12 are to be awarded. What are the expected net earnings of a person who buys one ticket? A) cents B) cents C) cents D) cents E) cents cents
C) In a lottery, 4,000 tickets are sold for $1 each. One first prize of $2,000, 1 second prize of $800, 3 third prizes of $120, and 10 consolation prizes of $12 are to be awarded. What are the expected net earnings of a person who buys one ticket? A) cents B) cents C) cents D) cents E) cents cents
D) In a lottery, 4,000 tickets are sold for $1 each. One first prize of $2,000, 1 second prize of $800, 3 third prizes of $120, and 10 consolation prizes of $12 are to be awarded. What are the expected net earnings of a person who buys one ticket? A) cents B) cents C) cents D) cents E) cents cents
E) In a lottery, 4,000 tickets are sold for $1 each. One first prize of $2,000, 1 second prize of $800, 3 third prizes of $120, and 10 consolation prizes of $12 are to be awarded. What are the expected net earnings of a person who buys one ticket? A) cents B) cents C) cents D) cents E) cents cents

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