AIR MATH

Math Question

Expected Value
Score: \( 0 / 100 \quad 0 / 4 \) answered
Question 4
The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs \( \$ 3 \). There is 1 winning ticket out of the 170 tickets sold. The winner gets a prize worth \( \$ 76 \). Round your answers to the nearest cent.
What is the expected value (to you) of one raffle ticket? \$
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