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06-05-2016
Mathematics

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An auction house sells raffle tickets for $1. There are 10 prizes, each worth $10. If 100 raffle tickets are sold, what is the expected value of each ticket?

$0
$1
-$1
$10

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Exzodeus1205 Exzodeus1205

12-03-2019

Answer: $1

Step-by-step explanation: (10 x 10) / 100 = 1

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