Math

ProbabilityQ&A LibraryThe PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $5. There is 1 winning ticket out of the 210 tickets sold. The winner gets a prize worth $82. Round your answers to the nearest cent. What is the expected value (to you) of one raffle ticket? $ Calculate the expected value (to you) if you purchase 10 raffle tickets. $ What is the expected value (to the PTO) of one raffle ticket? $ If the PTO sells all 210 raffle tickets, how much money can they expect to raise for the classroom supplies? $Start your trial now! First week only $4.99!*arrow_forward*

Question

The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $5. There is 1 winning ticket out of the 210 tickets sold. The winner gets a prize worth $82. *Round your answers to the nearest cent.*

What is the expected value (to you) of one raffle ticket? $

Calculate the expected value (to you) if you purchase 10 raffle tickets. $

What is the expected value (to the PTO) of one raffle ticket? $

If the PTO sells all 210 raffle tickets, how much money can they expect to raise for the classroom supplies? $

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