Please help! Correct answer only! In a raffle, one ticket out of 1,000 will win a $870 prize, one ticket will win a $820 prize, and one ticket will win a $740 prize. The rest will win nothing. If you have a ticket, what is the expected payoff?

" Expected Payoff " ⇒ $ 1.56 ; Type in 1.56

Step-by-step explanation:

Consider the steps below;

Solution; " Expected Payoff " ⇒ $ 1.56

250

step-by-step explanation:

step-by-step explanation:

5×5×5+2(8)÷2(2)+3(3)

15+16÷4+9

31÷13

do 31÷13 and u will get ur answer