Post a New Question

statistics

posted by on .

100 raffle tickets are sold for $3 with one grand prize of $200. Julie purchased one ticket. What is her expectation?

  • statistics-expected value - ,

    100 raffle tickets are sold for $3 with one grand prize of $200. Julie purchased one ticket. What is the expected value of her ticket?
    What is the fair value of a ticket?

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question