Mathematics, 27.08.2021 17:30 Day1201

In a raffle, one ticket out of 100 will win a $260 prize, and one ticket will win a $140 prize. The remaining tickets will win nothing. Each ticket costs $16. What is the expected value in dollars?

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In a raffle, one ticket out of 100 will win a $260 prize, and one ticket will win a $140 prize. The...

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