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Business, 16.03.2020 21:25 kitttimothy55

Raffle is being held at a benefit concert. The prizes are awarded as follows: 1 grand prize of $6,600.00, 3 prizes of $800.00, 3 prize of $65.00, and 10 prizes of $20.00. Suppose 14500 raffle tickets are sold, if you buy one ticket for $1.00 then what is your expected value for this raffle?

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Raffle is being held at a benefit concert. The prizes are awarded as follows: 1 grand prize of $6,60...
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