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A raffle is held to raise funds for a charlty event. A raffle ticket costs P150.00 and there are 3000 tickets to be sold. Only

A raffle is held to raise funds for a charlty event. A raffle ticket costs P150.00 and there are 3000

tickets to be sold. Only one ticket holder will win a prize of P150,000.00. Construct the probability

distribution of the discrete random variable, compute for the expected value, and interpret the

result.

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