Mathematics, 04.05.2021 22:40, madisonworthington7

In a raffle, one ticket will win a $860 prize, and the remaining tickets will win nothing. There are 500 in the raffle. A ticket costs $10. If you
have a ticket, what is the expected value?
$0.86
$1.70
$1.35
$2.35

Answers: 2

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In a raffle, one ticket will win a $860 prize, and the remaining tickets will win nothing. There a...