Mathematics, 08.08.2019 02:30, jamarcusweverjr1133

If someone offers you a lottery ticket that has a 25 percent chance of winning $100, a 50 percent chance of winning $200, and a 25 percent chance of winning $1,000, what is the expected value of that lottery ticket?

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If someone offers you a lottery ticket that has a 25 percent chance of winning $100, a 50 percent ch...