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A symphony decides to raise money by raffling off an oven worth $500, a dinner worth $170, and a set of books worth $125.
A symphony decides to raise money by raffling off an oven worth $500, a dinner worth $170, and a set of books worth $125. A total of 2000 tickets are sold at $2 each. After each prize drawing, the winning ticket is returned to the pool of tickets. Find the expected value of winning for a person who buys 1 ticket in the raffle. $1.38 O-$1.25 O $1.75 O-$1.95 -$1.60
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