Question

Lottery Prizes A lottery offers one 

$900

 prize, two 

$700

 prizes, three 

$300

 prizes, and five 

$200

 prizes. One thousand tickets are sold at 

$6

 each. Find the expectation if a person buys four tickets. Assume that the player's ticket is replaced after each draw and that the same ticket can win more than one prize. Round to two decimal places for currency problems. 


The expectation if a person buys four tickets is 

 dollar(s).



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