2 items are filed under this topic.








A $10,00 prize 
20011023 

From Michelle: The grand prize for winning a contest is $10,000. After 28 percent of the prize is deducted for taxes, the winner receives the balance of the prize in annual payouts of equal amounts over a 3year period. How many dollars will the prizewinner receive each year of the 3 years?(Disregard the $ sign when gridding your answer.) Answered by Penny Nom. 





Instant Winner 
19990407 

From FSSTAN: The probabilities of being an "instant winner" of $25 or $50 in a lottery are 1/600 and 1/1200, respectively. The mathematical expectation of being an "instant winner" of $25 or $50 is? Answered by Jack LeSage and Penny Nom. 


