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The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $4. There is 1 winning ticket out of the
The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $4. There is 1 winning ticket out of the 230 tickets sold. The winner gets a prize worth $84. Roundyour answers to the nearest cent What is the expected value (to you) of one raffle ticket? $
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