In this question, both tickets cost 2$ per ticket.
The answer to this question would be: $0
In WinOne scenario, you need to match a ticket that has to pick from A-J(10 possibilities) and 0-9 (10 possibilities). The chance to win would be: 1/10* 1/10= 1/100
The expected value must be:
E= chance to win * win amount - ticket price
E= 1//100*$200 - $2= $2-$2= 0
Answer: 563.75
Step-by-step explanation:451+112.75=563.75
