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Mathematics, 10.06.2020 15:57 WeOwntheNight

Please help! Correct answers only! There is a raffle with 200 tickets. One ticket will win a $550 prize, one ticket will win a $510 prize, one ticket will win a $280 prize, and the rest will win nothing. If you have a ticket, what is the expected payoff?


Please help! Correct answers only!

There is a raffle with 200 tickets. One ticket will win a $550

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