Ask Question
16 September, 10:27

A raffle is held. There are 100 tickets, each selling for $10. Sole prize is a $400 laptop

computer. What is the expected value? (don't type in $ sign)

+5
Answers (2)
  1. 16 September, 12:04
    0
    600

    Step-by-step explanation:

    The total value of the tickets is 100*10=1000

    However the expenses are 400 for computer.

    That means the expected value is 1000-400=600
  2. 16 September, 14:01
    0
    70 dollars less than what it is
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A raffle is held. There are 100 tickets, each selling for $10. Sole prize is a $400 laptop computer. What is the expected value? (don't ...” 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