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November 24, 2014

November 24, 2014

Posted by **please help** on Tuesday, January 8, 2013 at 1:41pm.

- statistics-expected value -
**tony**, Wednesday, January 9, 2013 at 7:04pm100 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?

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