alyssafranco alyssafranco

05-07-2020
Mathematics

contestada

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)

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ieatfrenchfroes ieatfrenchfroes

05-07-2020

70 dollars less than what it is

Answer Link

05-07-2020

Answer:

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

Answer Link

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