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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IShaalan · Answer 1 · 2018-02-17T20:29:29+0000

each prize is $10, 100 tickets for a dollar and then it's a $100, divide it by a total of ten prizes and it's 10 dollars a prize