WyattK195823 WyattK195823
  • 28-10-2022
  • Mathematics
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For a fundraiser, there is a raffle with 1,000 tickets. One ticket will win a $760 prize, one ticket will win a $670 prize, one ticket will win a $650 prize, one ticket will win a $570 prize, and the rest will win nothing. If you have a ticket, what is the expected payoff?

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