At a raffle, 25 tickets are sold at $1 each for 3 prizes of $100, $50, and

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At a raffle, 25 tickets are sold at $1 each for 3 prizes of $100, $50, and $10. You buy 1 ticket. What is the expected value of your gain?

Posted Date: May 19, 2024 07:11 AM

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At a raffle, 25 tickets are sold at $1 each for 3 prizes of $100, $50, and

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