Mathematics, 18.09.2021 17:10 nikki225

A raffle offers a first prize of $300 and 3 second prizes of $70 each. One ticket costs $2, and 400 tickets are sold. Find the expected payback for a person who buys 1 ticket. Is this a fair game?

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A raffle offers a first prize of $300 and 3 second prizes of $70 each. One ticket costs $2, and 400...

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