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Mathematics, 08.12.2020 01:50 leighsa
At a fundraiser,800 tickets are sold at $10 each for four prizes: a new car worth $30,000, a European vacation worth $9,000, a home theater system worth $4,000, and a cash prize of $1,000. You buy 1 ticket. What is the expected value of your gain. EXPERT VERIFIED ONLY.
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At a fundraiser,800 tickets are sold at $10 each for four prizes: a new car worth $30,000, a Europea...
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