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24 August, 02:09

At a fundraiser, 8000 tickets are sold at $10 each for four prizes: a new car worth

$30,000, a European vacation worth $9000, a home theater system worth $4000,

and a cash prize of $1000. You buy 1 ticket. What is the expected value of your

gain?

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Answers (1)
  1. 24 August, 03:41
    0
    11000
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