Twentythousand raffle tickets are sold. One first prize of $2000, two second prizes of $500, and three

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Twentythousand raffle tickets are sold. One first prize of $2000, two second prizes of $500, and three third prizes of $300

each will be awarded, with all winners selected randomly. If you purchased one ticket, what are your expected gross winnings?

Posted Date: May 18, 2024 10:14 PM

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Twentythousand raffle tickets are sold. One first prize of $2000, two second prizes of $500, and three

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