A club is holding a raffle Ten thousand tickets have been sold for 2 each There will be a 1st prize of 3000 3 second prizes of

Question

A club is holding a raffle Ten thousand tickets have been sold for 2 each There will be a 1st prize of 3000 3 second prizes of 1000 each 5 third prizes of 500 each and 20 consolation prizes of 100 each Find the expected winnings of a single ticket X P 2 9971 98 498 998 0020 0005 0003 2998 0001

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