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MANAGERIAL STATISTICS - Please provide work and detailed answer! Thanks in advance: QUESTION: Consider a weekly raffle having 100 tickets, one of which win a

MANAGERIAL STATISTICS - Please provide work and detailed answer! Thanks in advance:

  1. QUESTION: Consider a weekly raffle having 100 tickets, one of which win a price each week. If you want to maximize your chance of winning something, is it better to buy 10 tickets in on raffle or one ticket in 10 different raffles? Or is it the same?

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