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Mathematics, 29.01.2020 02:55 deaklet

Agroup holds a raffle to raise money. they sell 100 raffle tickets for $5 each. there is one grand prize worth $100, three second place prizes worth $25 each and 5 3rd place prizes worth $10 each. find the expected value associated with the purchase of one ticket.

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Agroup holds a raffle to raise money. they sell 100 raffle tickets for $5 each. there is one grand p...
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