The first three statements are correct while the last statement is incorrect.
1,088 if you set it up as a proportion. It would be 17/20 compared to x/1280 multiply 17 by 1280 and then divide by 20.
There are winnings of $50 ( 60% ), $100 ( 20% ) and $1,000 ( 2% ).
$50 * 0.6 = $30
$100 * 0.2 = $20
$1,000 * 0.02 = $20
$30 + $20 + $20 = $70
Answer: The expected payout per fan is $70.