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Mathematics, 23.03.2020 19:23 mjstew00763
Your school’s baseball team sells 1250 raffle tickets at $4 each. The grand prize is a $3000 boat. The second prize is a $450 grill. There are also ten $25 gift certificates. Calculate the expected value of the winnings for a single-ticket purchase. Show the work that leads to your answer.
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Your school’s baseball team sells 1250 raffle tickets at $4 each. The grand prize is a $3000 boat. T...
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