Question:
The PTO is selling raffle tickets to raise money for
Last updated: 3/16/2023

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 96 Round your answers to the nearest cent What is the expected value to you of one raffle ticket Calculate the expected value to you if you purchase 10 raffle tickets What is the expected value to the PTO of one raffle ticket If the PTO sells all 230 raffle tickets how much money can they expect to raise for the classroom supplies