Question
A raffle ticket is sold for $20. The grand prize is $25,000. There are ten first-place prizes of $2500 each and 20 second-place prizes of
A raffle ticket is sold for $20. The grand prize is $25,000. There are ten first-place prizes of $2500 each and 20 second-place prizes of $250 each. If there are 20,000 tickets sold, what is the expected value of a raffle ticket?
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Counting With Symmetric Functions
Authors: Jeffrey Remmel, Anthony Mendes
1st Edition
3319236180, 9783319236186
