Question: T C A MDM4U: Probability Distributions Assignment 9 5 16 1. A lottery has 6 000 000 tickets and each ticket costs $3100. The table

T C A MDM4U: Probability Distributions Assignment 9 5 16 1.

T C A MDM4U: Probability Distributions Assignment 9 5 16 1. A lottery has 6 000 000 tickets and each ticket costs $3100. The table shows the prizes available. What is the expected profit/loss per ticket? [3A] Prize ($) Number of Prizes 1 000 000 250 000 2 50 000 10 1 000 50 100 500 10 1 000 5 10 000

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