One hundred tickets are sold for a movie at the cost of 10


One hundred tickets are sold for a movie at the cost of $10 each. Some tickets have cash prizes as a part of a promotional campaign. There is one prize of $50, three prizes of $25, and five prizes of $20. What is the expected gain if you buy one ticket? Please Explain!

 

 

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Applied Statistics: One hundred tickets are sold for a movie at the cost of 10
Reference No:- TGS01113888

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