Ask Question
17 June, 23:29

Suppose the auction house from the preceding problem sold 200 tickets at $1 each, and had 16 prizes of $10 each. What is the new expected value?

A) $0

B) $0.2

C) - $0.2

D) $0.8

+3
Answers (1)
  1. 17 June, 23:56
    0
    200/160=1.25

    200+160=360/1.25/160=200.8

    so your answer is 0.8
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Suppose the auction house from the preceding problem sold 200 tickets at $1 each, and had 16 prizes of $10 each. What is the new expected ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers