Mathematics, 01.07.2020 15:01, abigailguzman4108

Tickets for a raffle cost $19. There were 798 tickets sold. One ticket will be randomly selected as the winner, and that person wins $1300 and also the person is given back the cost of the ticket. For someone who buys a ticket, what is the Expected Value (the mean of the distribution)

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Tickets for a raffle cost $19. There were 798 tickets sold. One ticket will be randomly selected as...