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Mathematics, 26.02.2020 01:47 Benthega

At a fundraiser 8000 tickets are sold at $10 each for four prizes. A new car is worth $30,000, European vacation worth $9000, a home theater system worth $4000, and a cash price of $1000. You buy one ticket what is the expected value of your gain?

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At a fundraiser 8000 tickets are sold at $10 each for four prizes. A new car is worth $30,000, Europ...
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