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Mathematics, 09.12.2021 06:20 calistaallen1734

URGENT!!! The PTA sells 1000 tickets for $5 each. One tickets will be randomly selected, and the winner will receive an iphone 11 valued at 700. b) Find the expected value for a person that buys one ticket. Show your work.

c) What price should the PTA change if they want to make this raffle "fair"?

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