Mathematics, 27.04.2021 17:10 rico126090
- The senior class is selling raffle tickets at the Senior Auction and Dinner night. Each
raffle ticket costs $10 and they plan on selling 200 raffle tickets. The prizes, which
have been paid for from the money collected from the sale, are one $100 stereo
system, two $75 Dillard's gift certificates, four $30 Chili's gift certificates, and eight
$15 AMC gift certificates. What is the expected value of a raffle ticket? How much
profit per raffle ticket is the senior class expecting to make?
Answers: 2
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- The senior class is selling raffle tickets at the Senior Auction and Dinner night. Each
raffle t...
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