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Hosted by ALEKS Corp Test #4 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Question 28 of 34 (1 point) Attempt 1 of 1 43m 59s Remaining 4.3 Apply: Calculate expected va A cash prize of $2400 is to be awarded at a fundraiser. If 1200 tickets are sold at $3 each, find the expected value. Round your answer to the nearest cent. The expected value is dollars. X

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