Suppose you pay 200 for a raffle ticket for local

Assignment Help Basic Statistics

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Suppose you pay $2.00 for a raffle ticket for local organization raising money. The single winner recieves a $75

Home Depot Gift Card. A total of 200 raffle tickets are sold. What is your expected value? With this problem please show your work if using the formula for mean (expected value).

Reference no: EM13632775

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