Mathematics, 05.05.2021 14:00 jmullins3611
Juan bought a raffle ticket. According to the poster advertising the raffle, 5 winners will each receive $5, 2 winners will each receive $50, and 1 winner will receive $100. The raffle tickets cost $2 each. All 300 tickets were sold. What is the expected value of Juan’s ticket?
Answers: 1
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Juan bought a raffle ticket. According to the poster advertising the raffle, 5 winners will each rec...
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