A symphony decides to raise money by raffling off an oven

Last updated: 7/3/2023

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 O 1 60