Please help! Correct answer only! For a fundraiser, there is a raffle with 100 tickets. One ticket will win a $150 prize, and the rest will win nothing. If you have a ticket, what is the expected payoff?

$ ___

Expected Payoff ⇒ $ 1.50 ; Type in 1.50

Step-by-step explanation:

Considering that 1 out of the 100 tickets will have a probability of winning a 150 dollar prize, take a proportionality into account;

Thus, Solution ; Expected Payoff ⇒ $ 1.50

answer: h

step-by-step explanation:

pakistan's principal natural resources are arable land and water. about 25% of pakistan's agriculture accounts for about 21% [1] of gdp and employs about 43% of the labour force. in pakistan, the most agricultural province is punjab where wheat and cotton are the most grown.