document.write( "Question 1160743: For a fundraiser, there is a raffle with 100 tickets. One ticket will win a $150 prize, and the rest will win nothing. If you have a ticket, what is the expected payoff?\r
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Algebra.Com's Answer #784139 by greenestamps(13200)\"\" \"About 
You can put this solution on YOUR website!


\n" ); document.write( "The expected payoff for one ticket is the total payout ($150) divided by the number of tickets (100).

\n" ); document.write( "You can do the simple arithmetic.

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