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Mathematics, 11.03.2021 23:00 zavalaadrian846

jeff's school is selling raffle tickets for $1 each. of all the money collected from the sale of raffle tickets,80% will go to a scholarship funds, and 20% will go to the winner of the raffle. Jeff bought 5 of the 750 raffle tickets sold. what is the expected payoff for Jeff when playing the raffle, and what does it mean​

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