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Mathematics, 09.06.2020 12:57 jcox626

Please help! Correct answer only! In a raffle, one ticket out of 200 will win a $980 prize, one ticket will win a $950 prize, one ticket will win a $270 prize, and one ticket will win a $260 prize. The remaining tickets will win nothing. If you have a ticket, what is the expected payoff?


Please help! Correct answer only!

In a raffle, one ticket out of 200 will win a $980 prize, one t

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