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2 items are filed under this topic.
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A $10,00 prize |
2001-10-23 |
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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 3-year 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. |
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Instant Winner |
1999-04-07 |
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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. |
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