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Mathematics, 20.04.2021 00:44 jamieric0324

Suppose you buy a raffle ticket for 2$ which has 0.4% probability of being worth 90$. Recall that net winnings is the amount won minus the cost of the raffle ticket. If it is not winning ticket, the net “winnings” is -$2. If it is the winning, the net winnings is $88

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Suppose you buy a raffle ticket for 2$ which has 0.4% probability of being worth 90$. Recall that ne...
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