22 A school club is organizing a fundraising campaign by selling raffle tickets. There are 1000 tickets being sold at Php50 each and theprizes at stake are, a laptop worth Php35,000, a mobile cellphone worth Php10,000, and a cash prize of Php5,000. You buy 1ticket.What is the expected value of your gain? Note: Do not include the currency symbol for your answer. Blank 1If the raffle ticket costs Php60, what is the expected value of your gain? Note: Do not include the currency symbol for youranswer. Blank 2Which ticket price is fair? (50 or 60) Blank 3

rizes at stake are, a laptop worth Php35,000, What is the expected value of your gain? Note: Do not include the currency symbol for your answer. Blank 1 worth Php10,00 cash prize of Php5,0 buy Tticket. If the raffle ticket costs Php60, what is the expected value of your gain? Note: Do not include the currency symbol for your answer. Blank 2

rizes at stake are, a laptop worth Php35,000, What is the expected value of your gain? Note: Do not include the currency symbol for your answer. Blank 1 worth Php10,00 cash prize of Php5,0 buy Tticket. If the raffle ticket costs Php60, what is the expected value of your gain? Note: Do not include the currency symbol for your answer. Blank 2

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter10: Sequences, Series, And Probability

Section: Chapter Questions

Problem 35T

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