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Mathematics, 03.01.2020 22:31 milhai0627a

Out of 1,000 tickets in a raffle, one ticket will win a $710 prize. the rest will win nothing. if you have a ticket, what is the expected payoff?

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Out of 1,000 tickets in a raffle, one ticket will win a $710 prize. the rest will win nothing. if yo...
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