A raffle is held by the MSUM student association for a $1000 plasma television. Two thousand tickets are sold at $1.00 each. Find the expected value of one ticket.

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tubamattholt · Answer

Each ticket is really worth 50¢

A raffle is held by the MSUM student association for a $1000 plasma television. Two thousand tickets are sold at $1.00 each. Find the expected value of one ticket.

Answer (1)

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