Mathematics, 08.06.2020 23:57 kayadaniels2

Please help! Correct answer only! There is a raffle with 200 tickets. One ticket will win a $430 prize, four tickets will win a $80 prize, six tickets will win a $40 prize, and the other tickets will win nothing. If you have a ticket, what is the expected payoff?

$___

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There is a raffle with 200 tickets. One ticket will win a $430

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Please help! Correct answer only! There is a raffle with 200 tickets. One ticket will win a $430 prize, four tickets will win a $80 prize, six tickets will win a $40 prize, and the other tickets will win nothing. If you have a ticket, what is the expected payoff? $___

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Another question on Mathematics

Please help! Correct answer only! There is a raffle with 200 tickets. One ticket will win a $430 prize, four tickets will win a $80 prize, six tickets will win a $40 prize, and the other tickets will win nothing. If you have a ticket, what is the expected payoff?

$___