Mathematics
Mathematics, 14.04.2021 19:50, 87haymaker

At a raffle, 100 tickets are sold for 1 prize of $100 and 3 consolation prizes of $20. What price should the tickets be sold for if the goal is to make the
raffle a fair game? (Expected Value)

answer
Answers: 1

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At a raffle, 100 tickets are sold for 1 prize of $100 and 3 consolation prizes of $20. What price s...

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