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3 years ago

8

A raffle is held by the MSUM student association to draw for a $1000 plasma television. Two thousand tickets are sold at $ 1.00

each. Find the expected value of one ticket.

1 answer:

-Dominant- [34]3 years ago

7 0

I think 50 cents, as the prize is worth $1000, divide by 2000 times 1 you get .5

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