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One thousand tickets are sold at $1 each for a color television valued at $350. What is the expected value of the gain if a person purchases one ticket?
a) $0.35
b) $1.00
c) $350.00
d) $349.65

Respuesta :

981234

Answer:

0.35

Step-by-step explanation:

Let us assume that all the tickets have been bought. If a person bought one ticket than the expected value would be 350/1000 = 0.35

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