A High School is organizing a raffle. The main prize is a $2000 laptop. Other prizes are 2 tablets worth $900 each, and one $500 gift card. 2000 tickets are sold at $20 each. What is the expected value of purchasing one ticket?
A High School is organizing a raffle. The main prize is a $2000 laptop. Other prizes are 2 tablets worth $900 each, and one $500 gift card. 2000 tickets are sold at $20 each. What is the expected value of purchasing one ticket?
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 8ECP: In Example 8, what is the probability that an employee chosen at random has 30 or more years of...
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part 2 question 5
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A High School is organizing a raffle. The main prize is a $2000 laptop. Other prizes are 2 tablets worth $900 each, and one $500 gift card.
2000 tickets are sold at $20 each. What is the
expected value of purchasing one ticket?
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