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3 years ago

10

A raffle for charity cost 5$ to enter . There are three prizes . First is worth 25$ , second prize is worth 15$ and the third pr

ize is worth 10$ . If 20 people entered the raffle with an equal chance to win , what is expected loss or gain for one ticket ?
A.) loss of 3.25
B.) gain 7.50
C.) loss of 2.50
D.) gain of 1.59

2 answers:

IrinaK [193]3 years ago

8 0

I would honestly say either b or d but I'm not completely sure most likely b

Anastasy [175]3 years ago

3 0

The answeris B , simply because your not losing nothing you are gaining.

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