A Random Draw lottery has sold $52 000 000 worth of tickets, with each ticket sold...

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A Random Draw lottery has sold $52 000 000 worth of tickets, with each ticket sold for $5.00. The prizes and their frequencies are shown in the following table. Prize ($), x Number of Prizes P(x) 12 000 000.00 1 206 955.00 5 2408.00 25 147.00 100 100.00 1 000 10.00 5 000 a) How many tickets were sold? [12] b) What is the probability of winning a prize in this lottery? [1] Sessha e niw bluow yoy tilidedoiq'ori c) What is the expected prize per ticket? [13] nevea lasel is now blow joy isdiyillidsdong si d) What is the expected profit per ticket? [/1] A Random Draw lottery has sold $52 000 000 worth of tickets, with each ticket sold for $5.00. The prizes and their frequencies are shown in the following table. Prize ($), x Number of Prizes P(x) 12 000 000.00 1 206 955.00 5 2408.00 25 147.00 100 100.00 1 000 10.00 5 000 a) How many tickets were sold? [12] b) What is the probability of winning a prize in this lottery? [1] Sessha e niw bluow yoy tilidedoiq'ori c) What is the expected prize per ticket? [13] nevea lasel is now blow joy isdiyillidsdong si d) What is the expected profit per ticket? [/1]