Mathematics, 09.06.2020 08:57, mimi8734

Please help! Correct answer only! For a fundraiser, there is a raffle with 100 tickets. One ticket will win a $150 prize, and the rest will win nothing. If you have a ticket, what is the expected payoff?

$ ___

Please help! Correct answer only!

For a fundraiser, there is a raffle with 100 tickets. One ticke

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Please help! Correct answer only! For a fundraiser, there is a raffle with 100 tickets. One ticket...