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Mathematics, 21.11.2019 00:31 selenaK9514

Four hundred raffle tickets were sold for $4 each. the one first prize winner will receive $300, and
two people will each receive second prizes of $200. there will be three $100 winners. what will be
the expected value of the raffle?

answer choices-

$4.00
$1.50
-$1.50
$2.50
$4.00

ansver
Answers: 3

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