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Mathematics, 09.06.2020 03:57, lauren203
Please help! Correct answer only!
Out of 250 tickets in a raffle, one ticket will win a $190 prize, one ticket will win a $120 prize, one ticket will win a $90 prize, and one ticket will win a $50 prize. The rest will win nothing. If you have a ticket, what is the expected payoff?
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Answers: 2
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Out of 250 tickets in a raffle, one ticket will win a $190 prize,...
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