Answer:
Step-by-step explanation:
Given
there are 50 winning number out of which 40 get $ 100 each and 10 wins $ 1000 .
let x denotes the winning from a randomly selected ticket


Expected value is given by


and Expected return is given by


Answer:
75
Step-by-step explanation:
From least to greatest 7/8, 0.89, 0.99