At a fundraiser, 8000 tickets are sold at $10 each for four prizes: a new car worth
$30,...
Mathematics, 27.02.2020 02:50 alogoro
At a fundraiser, 8000 tickets are sold at $10 each for four prizes: a new car worth
$30,000, a European vacation worth $9000, a home theater system worth $4000,
and a cash prize of $1000. You buy 1 ticket. What is the expected value of your
gain?
Answers: 2
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