Four hundred raffle tickets were sold for $4 each. The one first prize winner will receive $300, and two people will each receive second prizes of $200. There will be three $100 winners. What will be the expected value of the raffle?

The expected value of the raffle will be $1000 and the money obtained from selling tickets will be(4x400=$1600).

Step-by-step explanation:

First prize: $300

Second prize: 200x2=$400

3x100=$300

300+400+300

=$1000

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step-by-step explanation:

6mm^3 or .6cm^3

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