Mathematics, 27.02.2020 02:50, alogoro

At a fundraiser, 8000 tickets are sold at $10 each for four prizes: a new car worth

$30,000, a European vacation worth $9000, a home theater system worth $4000,

and a cash prize of $1000. You buy 1 ticket. What is the expected value of your

gain?

Answers: 2

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At a fundraiser, 8000 tickets are sold at $10 each for four prizes: a new car worth

$30,...