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OpenStudy (anonymous):
One thousand raffle tickets are sold for $2.00 each. One grand prize of $600 and two consolation prizes of $100 each will be awarded. Jeremy purchases one ticket. Find his expected value. Show your work.
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OpenStudy (anonymous):
100x2=200 600+100+100=800 200/800=4 so $4.oo
OpenStudy (anonymous):
sorry it took so long pc F?ucked up
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