The pto is selling raffle tickets to raise money for classroom supplies. a raffle ticket costs $4. there is 1 winning ticket out of the 300 tickets sold. the winner gets a prize worth $64. round your answers to the nearest cent. what is the expected value (to you) of one raffle ticket?

As 300 tickets are sold , the probability of being a winner is =

The prize value is $64 or

= 0.213

The cost of ticket you paid = $4

Hence, the expected value of one ticket = 0.213-4 = -3.787 or rounding off we get -3.79

the  office resources  are the human, physical and financial  resources  which are utilized for performing all the activities in order to achieve the organizational objectives.

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-362

step-by-step explanation:

(12)(4)+2(12)-34(12)+2(12)-3

  \/         \/         \/         \/

  48 +   24 -   408 + 24 - 3

      \   /               \   /

          72     -     432 - 3 = -363