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Mathematics, 08.06.2020 20:57 ebh3

Please help! Correct answer only! For a fundraiser, there is a raffle with 100 tickets. One ticket will win a $150 prize, and the rest will win nothing. If you have a ticket, what is the expected payoff?

$ ___


Please help! Correct answer only!

For a fundraiser, there is a raffle with 100 tickets. One ticke

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