The first prize is a dream house which is worth 250 000 on, Business Management

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The first prize is a dream house which is worth 250 000 on

Alega City Hospital is selling lottery tickets. All proceeds go to its cancer research program. Each ticket costs $100, but the campaign catchphrase promises a 1-in-1000 chance of winning the first prize.

The first prize is a "dream" house, which is worth $250 000. On the basis of decision tree analysis, is buying a ticket worthwhile?

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Business Management: The first prize is a dream house which is worth 250 000 on

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Business Management: The first prize is a dream house which is worth 250 000 on

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