SOLUTION: For this problem find the expected value.
A company is selling raffle benefit tickets for $4 each. The first prize is $3500,
and the second prize is $500. 5000 tickets total are
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Probability-and-statistics
-> SOLUTION: For this problem find the expected value.
A company is selling raffle benefit tickets for $4 each. The first prize is $3500,
and the second prize is $500. 5000 tickets total are
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Question 1162377: For this problem find the expected value.
A company is selling raffle benefit tickets for $4 each. The first prize is $3500,
and the second prize is $500. 5000 tickets total are sold.
X 3496 496 -4
P(x) 1/5000 1/5000 4998/5000
