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In a raffle, one ticket will win a $530 prize, four tickets will win a $500 prize, ten tickets will win a $160 ze, and the other tickets will win nothing. There are 1,000 in the…

In a raffle, one ticket will win a $530 prize, four tickets will win a $500 prize, ten tickets will win a $160 ze, and the other tickets will win nothing. There are 1,000 in the…
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in a raffle, one ticket will win a $530 prize, four tickets will win a $500 prize, ten tickets will win a $160 ze, and the other tickets will win nothing. There are 1,000 in the raffle. If you have a ticket, what is e expected payoff? ​

asked
User Rob Angelier
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7.6k points

1 Answer

6 votes
The ticket William win a R530 prize for four tickets will win a a 500 prize
answered
User LU RD
by
8.0k points
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