Asked by Tiffany Wallace
A raffle sells 100 tickets at $2 apiece. There is one $500 prize, five $100 prizes, and ten $50 prizes.
What is the expected value
What is the expected value
Answers
Answered by
Ms. Sue
Impossible!
The raffle takes in $200 and pays out $1500?
The raffle takes in $200 and pays out $1500?
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