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Probability Lesson 3 Expected Value ($gain or $loss) · 7. A lottery has a winning prize of $1000...

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Page 1: Probability Lesson 3 Expected Value ($gain or $loss) · 7. A lottery has a winning prize of $1000 000. Tickets cost $100 each and a total of 40 000 tickets were sold, where only one

Page 2: Probability Lesson 3 Expected Value ($gain or $loss) · 7. A lottery has a winning prize of $1000 000. Tickets cost $100 each and a total of 40 000 tickets were sold, where only one

Page 3: Probability Lesson 3 Expected Value ($gain or $loss) · 7. A lottery has a winning prize of $1000 000. Tickets cost $100 each and a total of 40 000 tickets were sold, where only one

Page 4: Probability Lesson 3 Expected Value ($gain or $loss) · 7. A lottery has a winning prize of $1000 000. Tickets cost $100 each and a total of 40 000 tickets were sold, where only one

Page 5: Probability Lesson 3 Expected Value ($gain or $loss) · 7. A lottery has a winning prize of $1000 000. Tickets cost $100 each and a total of 40 000 tickets were sold, where only one

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