whitleytamija222 whitleytamija222

15-04-2024
Mathematics

Answered

A charity organization is selling $50 raffle tickets as part of a fund-raising program.
The first prize is a trip to Rome Italy valued at $11500, and the second prize is a trip
to Monterey California valued at $3250. The remaining 23 prizes are $100 Amazon
gift cards. The number of tickets sold was 8000. What is the expected value of the
raffle? Interpret the results. (

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