Mathematics, 22.07.2019 20:40 dudeguy3593

Alottery sells 1000 tickets at $1 apiece. there is one winner who receives $100, and 5 second place winners who receive $50 each. what is the expected value of a ticket? in your final answer, include the necessary calculations.

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Alottery sells 1000 tickets at $1 apiece. there is one winner who receives $100, and 5 second place...

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