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Mathematics, 09.12.2020 23:50 gg12344

There is a raffle with 100 tickets. One ticket will win a $210 prize, one ticket will win a $190 prize, one ticket will win a $90 prize, one ticket will win a $90 prize, and the rest will win nothing. If you have a ticket, what is the expected payoff?

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There is a raffle with 100 tickets. One ticket will win a $210 prize, one ticket will win a $190 pri...
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