A raffle is held by the MSUM student association to draw for a $1000 plasma television. Two thousand tickets are sold at $ 1.00 each. Find the expected value of one ticket.

Question

12-11-2014
Mathematics

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A raffle is held by the MSUM student association to draw for a $1000 plasma television. Two thousand tickets are sold at $ 1.00 each. Find the expected value of one ticket.

Sagot :

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